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Technology Stocks : Gemstar Intl (GMST)
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To: scott who started this subject7/27/2000 7:54:11 PM
From: Andy B  Read Replies (1) of 6516
 
biz.yahoo.com

<<The Group posted its first revenues, amounting to 1 million Euros for the first half of 2000. At the end of June 2000, the Group had deployed electronic program guides in more than 2.5 millions televisions. This large installed base attracted a number of advertisers, including the principal US broadcast networks and national advertisers such as automobile manufacturers. For the first six months of 2000, the Group increased its expenses to accelerate the implementation of its strategy in this area resulting in an operating loss of 33 million Euros. This result includes the costs of the deployment of an installed base of EPG-equipped TV's in the US. In Europe, the Group strongly invested in order to launch interactive services for televisions particularly through its development of TAK technology.>>

From the first qtr earnings release:

thomson-multimedia.com

Finally, the Group was very active in implementing its New Media Services strategy. New Media Services is focused on the deployment of interactive product and services enabling access to interactive and personalized services. During the quarter, TV’s featuring electronic program guides sold by the Group reached 2 million units. The GEMSTAR partnership was extended to both Europe and to the creation of the @TVMedia venture. The Group also announced that it will expand eBook reader hardware and service offerings in 2000. As planned, the Group will post service revenues in 2000

500,000 new guides in the second quarter 2000 from TMS alone.
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