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Technology Stocks : C-Cube
CUBE 37.00-0.2%1:51 PM EST
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To: John Rieman who wrote (39665)4/6/1999 12:15:00 PM
From: DiViT   of 50808
 
- But they make it up in volume? In a story in Thursday's New York
Times "Business Day" section on Konka's plans to sell China-made 32-inch direct-view HDTVs in the U.S. this fall for $3,000 (plus decoder), Envisioneering's Richard Doherty is said to have estimated that "It costs the big manufacturers on average about $12,000 for an HDTV -- more than its price...." The story also says that "fewer than 20,000" HDTVs have been sold since August and that Hitachi "is already selling an HDTV set for $2,999."

(from Mark's Monday Memo)
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