Tue Oct 24, 2000: TTR Technologies Rated New “Accumulate” at Brean Murray
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BREAN MURRAY
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INVESTMENT BANKING PERSONNEL
Contact Phone Number e-Mail
Cliff Condrey (212) 702-6627 condreyc@bmur.com
Joan Finsilver (212) 702-6503 finsilverj@bmur.com
John Fletcher (212) 702-6521 fletcherj@bmur.com
Christopher Illick (212) 702-6680 illickc@bmur.com
John Moore (212) 702-6606 moorej@bmur.com
Tom Remien (212) 702-6572 remient@bmur.com
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ILLICK CHRISTOPHER filed this 3 on 03/27/2001.
tenkwizard.com
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 3
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person* Illick Christopher
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(Last) (First) (Middle) 2 Hanagar Street
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(Street)Kfar Saba Israel
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(City) (State) (Zip)
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2. Date of Event Requiring Statement (Month/Day/Year) July 20, 2000
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3. IRS Identification Number of Reporting Person, if an entity (Voluntary) --
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4. Issuer Name and Ticker or Trading Symbol TTR Technologies, Inc. - ttre
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5. Relationship of Reporting Person to Issuer (Check all applicable)
|X| Director |_| 10% Owner
|_| Officer (give title below) |_| Other (specify below)
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6. If Amendment, Date of Original (Month/Day/Year)
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7. Individual or Joint/Group Filing (Check applicable line)
|X| Form filed by One Reporting Person
|_| Form filed by More than One Reporting Person
================================================================================
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Table I -- Non-Derivative Securities Beneficially Owned
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3. Ownership Form:
2. Amount of Securities Direct (D) or
1. Title of Security Beneficially Owned Indirect (I) 4. Nature of Indirect Beneficial Ownership
(Instr. 4) (Instr. 4) (Instr. 5) (Instr. 4)
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* If the Form is filed by more than one Reporting Person see instruction5(b)(v).
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly. Page 1 of 2
FORM 3 (continued)
Table II -- Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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5. Owner-
3. Title and Amount of Securities ship
Underlying Derivative Security Form of
2. Date Exercisable (Instr. 4) Derivative
and Expiration Date --------------------------------- 4. Conver- Security:
(Month/Day/Year) Amount sion or Direct 6. Nature of
---------------------- or Exercise (D) or Indirect
Date Expira- Number Price of Indirect Beneficial
1. Title of Derivative Exer- tion of Derivative (I) Ownership
Security (Instr. 4) cisable Date Title Shares Security (Instr. 5) (Instr. 5)
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Common Stock Option 7/20/01 7/20/10 Common Stock 8,000 + D --
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Explanation of Responses:
/s/ Christopher Illick 3/26/01
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** Signature of Reporting Person Date
+ The options were issued under the TTR's 1998 Non-Executive Directors'
Plan. The option with respect to 4,000 shares is exercisable in July 2001
and the options with respect to the remaining 4,000 shares is exercisable
in July 2002, in each case at a per share exercise price of $5.72.
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, See Instruction 6 for procedure.
Page 2 of 2
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TTR's antipiracy technology could be music to the labels' ears
Posted by TheDareDevil on Wednesday 15 November 2000
Source: TTR Techologies Inc.
TTR Technologies, a little-known company whose stock trades on the Nasdaq but is headquartered in Israel, expects to be a major beneficiary of piracy. Far from being a bootlegger, TTR (NASDAQ: TTRE), has developed antipiracy technologies -- digital solutions that prevent illegal copying of audio content onto optical media, such as CD-ROMs or digital video disks (DVDs). The need for such technology is urgent: In the music industry alone, some analysts estimate that piracy cost some $5 billion in 1998.
Ashish R. Thadhani, an analyst at New York investment firm Brean Murray, notes that content piracy has been exacerbated by two recent developments: The increasing use of MP3 compression technology to transmit illegal recordings via the Internet and the sharp drop in the price of CD recording equipment, called CD burners, which are now commmonly bundled with desktop PCs or can be purchased separately for around $180.
"To our knowledge, there's no technology currently available that provides copy protection for audio CDs other than TTR's," says Thadhani. So the music industry, dominated by such major recording labels as Universal, Sony, EMI, Warner, and Bertelsman Music Group, has been desperate to find a solution to the problem.
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I guess Thadhani did not read this thread?
Christopher Illick a director of TTRE and they wrote a buy report? I did not see that disclosed anywhere?
CHEERS CHUMP!! |
