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Technology Stocks : VTEL: Anyone else follow this?
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To: Louis M. Davis who wrote (1016)8/23/1998 6:43:00 PM
From: E_K_S  Read Replies (1) of 1214
 
From the DVC/Networked Multimedia Briefing - August 24, 1998

-----------------VTEL Expands Product Line-------------------

Look out competitors! After letting the cat out of the bag
about their relationship with RSI Systems, it was just a matter
of time before VTEL's management announced that it plans
to offer a set-top box for videoconferencing later this year.
The shocker is the list price! Starting at a record breaking
$4,995 the VTEL SETTOP 250 will be available in a number
of configurations all of which are slated for release later
this year. The price includes camera and handheld remote,
and is designed for 128kbps conferencing but is upgradable.

=====================================================================
It looks like this news has now hit the trade rags. Let's hope it helps the stock move higher.

EKS
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