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Technology Stocks : Boca research - Reawakening?

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To: Austin S. who wrote (615)6/21/1999 11:28:00 AM
From: Austin S.  Read Replies (1) of 640
 
Wouldn't it be great if the set-top-boxes referenced below somehow involved BOCI?

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Intel Chips Chosen for GM's New Hughes TV Boxes, WSJ Says

Gaithersburg, Maryland, June 21 (Bloomberg) -- Hughes Network Systems, a unit of General Motors Corp.'s Hughes Electronics Corp., plans to use Intel microprocessors next year in a new generation of television set-top boxes providing Internet access along with Hughes's satellite-based DirecTV service, the interactive edition of the Wall Street Journal reported, citing no sources. The companies, which plan to announce the agreement today, aren't providing terms, though Kevin Hause, an analyst at International Data Corp., estimates the market for TV boxes with Internet access will grow to eight million units by 2001 from three million in 1999. Intel is also expected to announce that it and several other companies are investing a total of $12 million in InfoGear Technology Corp., a Redwood City, California-based company making technology to hook telephones to the Internet, the newspaper reported.

A U.S. District judge denied a preliminary injunction to stop Hughes Electronics Inc.'s DirecTV Inc. Unit from selling HBO, Showtime and other premium programming to customers of the National Rural Telecommunications Cooperative, the companies said on June 18.

(The Wall Street Journal 6/21 www.wsj.com)
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