Seac - Seachange New IPO Message Board

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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: Starowl who wrote (273)	7/27/1999 6:16:00 PM
From: PeterBurgess	Read Replies (2) of 431

Up beat CC. Revenue up. New product revenue up- $6.6m vs $3.1m in q1 earnings up. accounts receivables down, dso down inventory down again expenses controlled Gross margins up Broadcast arena. Reminded everyone that the two largest competitors (HP & TEK) are selling, or intend to sell their video server business. Attributes their exit to their inability to compete with Seachange media cluster at the high-end, and facing commodity competition at the lowest end. Interesting configuration at MultiThematique in France - using high speed video streaming between media clusters and Sony archive system. Movie systems. Expect greater opportunities for PPV/NVOD in Europe Several large VOD trials scheduled for Q3: 1 with TWX and other large MSOs.

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