General Instrument Corp.'98 (GIC) Message Board

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Technology Stocks : General Instrument Corp.'98 (GIC)

GIC 29.42

-1.2%

2:40 PM EST

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To: louis mason who wrote (588)	6/21/1999 11:09:00 AM
From: louis mason	Read Replies (1) of 615

I don't know about the rest of you, but i'm still doing pretty well with this company: "General Instrument (NYSE: GIC), the nation's largest maker of cable-TV set-top boxes, acquired an 8% stake in Dynamic Digital Depth Inc. as part of a plan to deliver three-dimensional TV programs to homes. General Instrument paid $3 million Canadian for 1.5 million Dynamic Digital shares and received options for an additional 1 million shares at prices of CDN$3.50 to CDN$5.50. Under a 12-month development agreement, General Instrument will try to combine its digital set-top boxes with Dynamic Digital software for converting conventional programming into 3-D entertainment." lmason

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