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Technology Stocks : Seac - Seachange New IPO
SEAC 3.350-4.3%Oct 22 10:15 AM EST

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To: Ron who wrote (271)7/23/1999 11:07:00 AM
From: Starowl  Read Replies (1) of 431
 
Agree. My indicators show steady accumulation of SEAC as well as CCUR.

Here's some more news on Seachange:

"TCI Chicago Taps Seachange to Expand Interactive TV Network Adding
1,000 Hotel Rooms and New Services

"MAYNARD, Mass., July 23 /PRNewswire/ -- InnTelevison, TCI Chicago's full- service broadband cable television network for hotels, is extending service to more hotel rooms and adding new interactive television services. With add-on digital video systems from SeaChange International, Inc. (Nasdaq: SEAC - news), TCI is growing its hotel business by 1,000 rooms and expanding its offering of video-on-demand (VOD) movies, PC games and Internet access. Since its launch in January, InnTelevision has begun serving four Chicago hotels.

''TCI Chicago has established a business that reclaims thousands of rooms in the local hotel industry as cable television subscribers,'' said Steve White, regional vice president, TCI Chicago. ''Our growth proves that a locally-supported broadband service is the best option for hotels. We are very pleased to continue our work with SeaChange to bring a superior service to more and more Chicago hotels.''

"With InnTelevision, TCI Chicago leverages its broadband television expertise and local service capability for a business that recaptures revenue opportunities in Chicago's 40,000-room hospitality industry. The network incorporates SeaChange's GuestServe Network digital video server-based interactive television system, TCI's fiber optic ring and a cable headend dedicated to delivering interactive services to hotels. The current expansion entails increasing the scalable GuestServe system's video storage and channel capacity as well as deploying additional guestroom set-top boxes, remote controls and wireless keyboards."

biz.yahoo.com

Starowl
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