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Technology Stocks : Faroudja FDJA
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To: Gerald Thomas who wrote (194)1/28/1999 7:26:00 PM
From: Douglas Nordgren   of 249
 
At least DFT is beginning to move. A little bit better speculation now, yes, but still a long story to suffer through.

"This [loss] was partially offset by increased Broadcast sales of
our Digital Format Translator (DFT) products ...in the fourth quarter.''

Mr. Marschel said, ''We made significant advances toward our 1998 strategic goal of returning to the Broadcast market through introduction of the DFT product line. We are pleased with our warm reception from broadcasters and the increased rate of Broadcast sales in the fourth quarter. DFTs are now in service at certain CBS, NBC, Fox and Warner Brothers television stations and we recently shipped DFTs to Home Box Office (HBO), our first DFT customer in the cable television industry.''

''In the near term, we expect revenue gains from DFT Broadcast sales and from the sale of LCD projectors resulting from our joint efforts with In Focus."
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