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Technology Stocks : RAVISENT - RVST

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To: stockman_scott who wrote (13)	7/18/1999 11:12:00 AM
From: webstocker	Read Replies (1) of 82

IPO Pick of the Week Renaissance Capital's Pick of the Week By Renaissance Capital Last Update: 06:40 PM July 13, 1999 Our IPO of the week may not be the hottest deal this week, since it is not a pure Internet company, but it is a unique company with advanced technology that should be a good long term play. The company -- Ravisent Technologies (RVST: news, msgs) -- is the leading maker of DVD hardware subsystems for PCs and is now aiming to license its technology to the emerging consumer electronics market for HDTV and digital cable. By establishing itself as the standard in both PCs and consumer electronics, RAVISENT is positioning itself to capitalize on the inevitible convergence of the two areas which will transform the way people compute and surf the web. While revenues will be hurt by its move away from hardware and it is highly dependent on Dell, it has a leading stake in a large market.

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