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Technology Stocks : TMS Thomson Multimedia

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To: Mephisto who wrote (4)	12/9/1999 3:18:00 AM
From: Mephisto	Read Replies (1) of 13

RESEARCH ALERT-Thomson Multimedia started at buy NEW YORK, Dec 8 (Reuters) - SG Cowen said on Wednesday it started its coverage of Thomson Multimedia (NYSE: TMS) with a rating of strong buy. -- On Tuesday, the company said it had developed a device - called Lyra - to download music from the Internet that was compatible with Microsoft Corp.'s (NASDAQ: MSFT) Windows media compressor and could be upgraded. -- SG Cowen said, "Digital convergence in CE industry offers new growth opportunities." -- "Partnerships enhance prospects for emerging digital devices." -- Thomson Multimedia's shares were up 2-3/8 at 47-3/4 in early Wednesday trading on the New York Stock Exchange.

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