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Technology Stocks : C-Cube
CUBE 37.23-0.3%Nov 28 9:30 AM EST

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To: DiViT who wrote (21980)9/5/1997 9:45:00 AM
From: Eric123   of 50808
 
This was sent to me this morning. Any comments??

Sony, Five Others Unveil Rewritable Disc Format

TOKYO - Sony and five other companies today announced their own standard for large-capacity, rewritable data storage
discs for computers and digital video disc (DVD) players.

The new disc, called Phase-Change Rewritables, will be supported by Hewlett-Packard, Philips Electronics, Mitsubishi
Chemical, Ricoh and Yamaha, Sony said.

Sony said the disk would not be compatible with DVD-RAMs, a similar rewritable disc technology announced earlier this year
by a group of 10 major electronic equipment makers, including Sony and Philips. DVD-RAMS are due to hit the market at the
end of this year.

The disc will be able to store 3.0 gigabytes of information on a single side, compared with DVD-RAM's 2.6 gigabytes, Sony
said.

Sony plans to put the new disc on the market in the first half of next year, but the launch date will vary among the six firms, a
Sony spokesman said.
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