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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: JSB who wrote (419)11/17/1998 10:52:00 AM
From: Ernest Poe  Read Replies (1) of 90042
 
DVID. Let the Games Begin! Todays News....
WASHINGTON, DC, Nov. 16, 1998 (States via COMTEX) -- ITEM 5: On November 12, 1998, Digital Video Systems, Inc. announced ina press release the completion of an Investment Agreement with Oregon Power Lending Institution. The agreement creates an investment vehicle to allow OPLI the right to invest a potential maximum of $10.0 million in Digital Video Systems over the next seven months. Further, OPLI has the option to invest up to an additional $2.25 million over the next twenty-four months.

ITEM 7: Exhibit 99.1 -- Press Release of Registrant dated November 12, 1998 99.2 -- Investment Agreement by and between the registrant and Oregon Power Lending Institution

FILING DATE: 11/13/98 REPORT DATE: 11/3/98 RECEIPT DATE: 11/13/98
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