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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here

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To: axial who wrote (8424)9/11/2000 9:29:09 AM
From: MikeM54321  Read Replies (1) of 12823
 
Re: Digital TV - Philips and STB Positioning

"I suggest Philips..."

Jim- Just read this story this AM.

I don't believe I've ever heard of HAVi. Sounds interesting. I'll have to check that out. Thanks. -MikeM(From Florida)

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Philips Digital Networks Sees $1 Billion in Sales in 2000

AMSTERDAM, Sept 10 - The Philips Digital Network division of Philips Electronics NV(PHG) expects $1 billion in sales in 2000, the majority of which will come from digital set-top boxes for interactive TV, the groups chief said on Sunday.

Philips aims to move up to number one from the number three position worldwide in sales of set-top boxes, the divisions chief executive officer Rob van Oostenbrugge told Reuters in an interview.

Philips is currently in third place behind Motorola(MOT) and Thompson/RCA(TMS) of France, Van Oostenbrugge said.

The company has recently announced deals to jointly develop further products with software maker Liberate(LBRT) and Microsoft(MSFT), timed to coincide with the International Broadcasting Convention taking place this weekend in Amsterdam.

Philips is Europe's largest maker of consumer products, lighting and semiconductors.
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