Scientific Atlanta -SFA- going up ??? Message Board

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Technology Stocks : Scientific Atlanta -SFA- going up ???

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To: Howard Bennett who wrote (827)	5/30/2000 3:05:00 PM
From: General Crude	Read Replies (1) of 1045

ATLANTA, May 30 (Reuters) - Television set-top box maker Scientific-Atlanta Inc. (NYSE:SFA - news) said Tuesday that it will supply Adelphia Communications Corp.(NasdaqNM:ADLA - news) with $550 million worth of digital interactive set-top products to help Adelphia accelerate its rollout of digital interactive services. The company will supply Adelphia with 1.6 million of its flagship Explorer 3000 digital interactive set-tops and 40 digital headends by the end of 2001 and 250,000 cable modems by the end of 2002. Separately, Scientific-Atlanta said it plans for a major increase in manufacturing capacity enabling a total production capability of 5.2 million of its flagship Explorer set-tops per year beginning in January 2001 to meet the demand for the digital interactive set-tops, which are being deployed by cable operators into consumer homes. The plans represent the company's fourth major expansion of production capacity. Shares of Scientific-Atlanta rallied 4-1/2 to 55-5/16 in early trading on the New York Stock Exchange. Adelphia shares gained 1-5/16 at 40-5/16 in early trading.

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