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Technology Stocks : C-Cube -- Ignore unavailable to you. Want to Upgrade?


To: Black-Scholes who wrote (40324)4/29/1999 6:12:00 PM
From: Yves B.  Read Replies (1) | Respond to of 50808
 
Black-Scholes,

Have you ever posted opinions before on the C-CUBE
thread under a different name?

Why or why not?

Yves B.



To: Black-Scholes who wrote (40324)4/29/1999 7:41:00 PM
From: DiViT  Read Replies (3) | Respond to of 50808
 
Uh oh...........

$0.01 vs estimated $0.05. Not a good tech environment to miss in. Especially when your PE is 170.

This should bring Zoran's PE back in line. Somebody knew, look at Zoran's chart today.

Interesting note in bold below. A coincidence probably, but
Toshiba has been a Zoran DVD Customer and Cube and Toshiba codeveloped the current Cube ZiVa DVD chip.
Makes you go, Hmmmmmm.

----------------------

biz.yahoo.com

Zoran Corporation Reports First Quarter Results
SANTA CLARA, Calif., April 29 /PRNewswire/ -- Zoran Corporation (Nasdaq: ZRAN - news), a leading provider of integrated circuits (ICs) and software for digital video and audio applications enabled by compression, today reported financial results for its first quarter ended March 31, 1999.

Total revenues for the quarter were $11.9 million compared to $11.2 million for the first quarter of 1998. The company reported net income of $102,000, or $0.01 per share on a diluted basis, versus $619,000, or $0.06 per share on a diluted basis, for the same period last year.

Product gross margin for the 1999 first quarter was 45% compared to 46% percent for the first quarter of 1998. Gross margin on total revenues, including software, licensing and development revenues, for the 1999 first quarter was 57% compared with 58% for the 1998 first quarter.

President and Chief Executive Officer Dr.Levy Gerzberg stated, ''Product sales for the first quarter increased over the comparable 1998 quarter and were generally in line with our expectations. However, our licensing revenue was adversly affected by our loss of a sizable licensing agreement, which was repudiated by the other party after the quarter ended. The Company had devoted significant resources to this transaction during the first quarter.

''Although results did not meet our expectations, we are encouraged by first quarter developments in our target markets as we obtained new design wins and orders. In particular, growth of the DVD market is accelerating, and new consumer DVD players incorporating Zoran's products are being introduced at increasing rates,'' concluded Dr. Gerzberg.

COMPANY PROFILE

Zoran Corporation develops and markets software, integrated circuits (ICs) and IC intellectual property (IP) cores for digital audio and video applications enabled by compression. Zoran also provides complete reference designs based on Zoran's technology. Zoran's product lines and IP include JPEG codecs, MPEG and DVD decoders, digital audio processors and real-time DVD software for PCs. All these standards-based products benefit from Zoran's Standard Plus(TM) technology. The company's ICs are used in numerous digital audio and video products. Leading applications incorporating Zoran's products and IP include standalone and PC-based DVD players, SuperVCD players, professional and consumer video editing systems, filmless digital cameras, digital speakers and audio systems. Zoran's software is bundled by PC and graphics-card manufacturers for software and software-assisted DVD playback on PCs.

Zoran is headquartered in Santa Clara, California with additional operations in Haifa, Israel, Toronto, Canada and offices in Tokyo, Japan and Shenzhen, China. For more information about Zoran call 408-919-4111, or visit our website: www.zoran.com.

FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements that are based on expectations and assumptions that involve a number of uncertainties and risks that could cause actual results to differ materially from those discussed in the forward-looking statements, including risks associated with the rapidly evolving markets for the company's products and uncertainties regarding the development of those markets; new product development and the ongoing introduction of new and enhanced products by the company and its competitors; intensive competition in the markets in which the company competes; Zoran's historic dependence on sales to a limited number of large customers and fluctuations in customer and product mix among those customers; the dependence on key personnel; and the reliance on international sales and operations. For additional information regarding these and other risks, reference is made to Zoran's Annual Report on Form10-K for the year ended December31, 1998.



To: Black-Scholes who wrote (40324)4/29/1999 8:03:00 PM
From: DiViT  Read Replies (1) | Respond to of 50808
 
Someone posted snipits of the Zoran Oppenheimer Report on this thread

Message 7630698

"They LOVE the TOSHIBA relationship, especially since they own 20% of the DVD market WORLDWIDE and 30%+ of the U.S. market! Toshiba S3108 model is the #1 selling DVD player in the U.S. and they use Zoran's Vaddis chip.

FY99 raised to $0.55 from $0.43.
FY00 raised to $1.12"



To: Black-Scholes who wrote (40324)4/30/1999 4:08:00 PM
From: DiViT  Read Replies (1) | Respond to of 50808
 
Just for you BS...


C - CUBE MICROSYSTEMS INC 1Q Inst. Equity Holders-

04/30/1999
Federal Filings Newswires
(Copyright (c) 1999, Dow Jones & Company, Inc.)

ISSUER: C - CUBE MICROSYSTEMS INC.
SYMBOL: CUBE

Issue Type of Security: ()

Number Change Latest
Institution Shs Held Shs Held Report Date
VANGUARD GROUP INC 239,100 14,400 03/31/1999
GINTEL ASSET MGMT INC 200,000 (75,000) 03/31/1999
MARTINDALE ANDRES & CO 91,100 (1,300) 03/31/1999
Source: Technimetrics Inc.


(END) FEDERAL FILINGS-DOW JONES NEWS 04-30-99
00:32

Contact: /FEDERAL FILINGS CONTACTS: (202) 393-7856 FOR EDITORIAL,
(202) 628-8990 FOR NEWSWIRE SALES, (888) FED-FILE FOR TECHNICAL
SUPPORT, & fedfil.com /