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Technology Stocks : Concurrent Computer (CCUR) -- Ignore unavailable to you. Want to Upgrade?

To: Nimbus who wrote (9620)	6/16/1999 10:34:00 AM
From: Goodboy	Respond to of 21142

Mr. Rent, the following is an educational matter related to Diva. The following paragraphs have come directly from their 10-Q (although not publicly traded, their bonds force them to file with the SEC). Enjoy the reading: The Company was founded July 1, 1995 and is still in the development stage. Since inception, the Company has devoted substantially all of its resources to developing its VOD system, establishing strategic relationships, negotiating deployment agreements, carrying out initial marketing activities and establishing the operations necessary to support the commercial launch of the Company's VOD service. Through March 31, 1999, the Company has generated minimal revenues, has incurred significant losses and has substantial negative cash flow, primarily due to the engineering and development and start-up costs required to develop its VOD service. Since inception through March 31, 1999, the Company had an accumulated deficit of $208.4 million. The Company currently intends to increase its operating expenses and its capital expenditures in order to continue to deploy, develop and market its VOD service.* As a result, the Company expects to incur substantial additional net losses and negative cash flow for at least the next several years.*

To: Nimbus who wrote (9620)	6/16/1999 10:43:00 AM
From: Goodboy	Read Replies (1) \| Respond to of 21142

How does the consolidation of the cable industry impact Diva? Can you tell us Mr. Rent. The company does: Initially, the Company directed its marketing efforts to medium sized cable operators who had not undertaken and would not likely undertake the development of their own VOD solutions. While the Company has had and continues to have discussions with the larger MSOs and has one deployment of its VOD service with one such large MSO (Cablevision), the current consolidation of cable properties in the U.S. is resulting in the absorption of medium sized cable operators into the ownership of the largest MSOs. There can be no assurance that such large MSOs will be willing to procure VOD services from a third party such as the Company or be willing to procure VOD services on terms and conditions which are economically justifiable to the Company.