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


To: Tim Esser who wrote (40703)5/8/1999 6:13:00 PM
From: JEFF K  Read Replies (2) | Respond to of 50808
 
Lehman price target $41, BS when do they raise this to 50 :-)

From : S&P ComStockMay 7 1999 11:02AMRe : VIEWS AND NEWS,C-CUBE MICROSYSTEMS **<Picture><Picture><Picture>

5/7/99 10:40 am... C-CUBE MICROSYS (CUBE 25-3/4) UP 1, LEHMAN INITIATES
COVERAGE WITH BUY... Analyst Dan Myers tells salesforce believes CUBE's market
share holding at roughly 60% of units shipped, gross margin approximately
60%... Believes co.'s Divicom division can grow 35% annually for next few
years... Says digital set-top box market represents major opportunity for
CUBE's semiconductor division... Says co. has announced several design wins in
Europe... Says co.'s structure lends itself well to valuation in parts...
Assuming each division trades in line with its peers, valuation in parts points
to price target of $41./K.Bianco

-0- CUBE $ (1941) 05-07-99 10:41 AM EST