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Technology Stocks : Loral Space & Communications

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To: Snow Shoe who wrote (5768)	4/18/1999 7:51:00 PM
From: Ok2Launch	of 10852

Re: Digital Cinema . . . .... is a coming revolution in the distribution and exhibition of motion pictures.The leading company in the field is CineComm, which is a joint venture of Qualcomm and Hughes-JVC. The system was developed by Qualcomm to distribute movies to theaters in an encripted form by satellite, and store it locally. Hughes-JVC will provide the digital video projectors, which are supposedly capable of equaling the quality of a virgin film print. The CEO of CineComm is Michael Targoff, former executive of Loral. Texas Instruments DLP Division is also going into this business as a competitor. Digital movie distribution should give Loral's Cyberstar a nice new source of revenues in the years ahead. The first public demonstration of the CineComm system will come in June when a small number of theaters will show George Lucas's new Star Wars Episode 1 -The Phantom Menace, which is expected to be a huge hit. For anyone who is really interested in this area, I would highly recommend going to the folling page on CineComm's website, and downloading the 17 page report "Making Digital Cinema Happen -What It Takes and Who's Going To Do It". This report is in PDF (Adobe Acrobat)format. cinedc.com

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