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


To: port_mgr who wrote (9625)6/16/1999 10:15:00 AM
From: VeloSpeed  Read Replies (1) | Respond to of 21142
 
Does Charter have a lot of digital boxes out there? These advanced analog boxes don't support true VOD, right? Maybe Paul Allen will lead the way afterall?

thanks,
-VeloSpeed

June 16, 1999 10:03

Scientific-Atlanta and Charter to Provide WorldGate Internet TV Over Cable to Subscribers This Summer Via Software Downloads to 8600x Advanced Analog Set-Tops
- Web browsing and e-mail service will be easily downloaded by Charter's cable subscribers with 8600x cable boxes, requiring no truck roll -

ATLANTA, June 16 /PRNewswire/ -- Scientific-Atlanta, Inc. (NYSE: SFA) and Charter Cable announced today the WorldGate Internet TV Over Cable service will be available this summer to cable subscribers in Lanett, Ala., via already-deployed 8600x(TM) advanced analog set-tops. The WorldGate service will be delivered to cable subscribers through a simple software download, without requiring a truck roll to the subscriber's home.

As previously announced, Scientific-Atlanta's software upgrade to System Release 4.7 will enable more than five million deployed 8600x advanced analog set-top units to support the WorldGate Internet TV Over Cable service. This Web browsing and e-mail application is designed to leverage the existing cable infrastructure to provide new services to subscribers and new revenue opportunities to operators. Unlike competitive set-top solutions which require the installation of another piece of set-top hardware, Scientific-Atlanta's 8600x set-top supports new applications with downloadable software upgrades. No truck rolls or costly hardware investments are required to enable any of these new enhancements and applications for the 8600x set- top.

"Cable subscribers will be able to harness the power of the set-tops provided by their cable operator to bring Internet and e-mail services home at a fraction of the cost of other competitive services," said Ken Klaer, general manager of Scientific-Atlanta's Advanced Subscriber Networks group. "Charter will be able to download the popular WorldGate service directly to its customers using already-deployed 8600x set-tops, without the burden of expensive and intrusive home visits for installation. Best of all, subscribers will now be able to enjoy Web browsing over the television set without having to buy a special proprietary box."

The WorldGate service over the 8600x set-top will offer subscribers Internet access and e-mail, along with a new technology called Channel HyperLinking. Channel HyperLinking allows instant Web access from the television program or advertisement being viewed to a related Web site with the push of a button on the remote control.

Charter's beta test of the WorldGate service began in May and is scheduled to be completed in July. Charter plans to offer the WorldGate service to its entire base of customers in Lanett, Ala., later this summer.

By providing the WorldGate service to subscribers, operators can enjoy new revenue opportunities through advertising, subscription fees and Channel HyperLinking services.

"The WorldGate service allows operators to provide subscribers with a cost-effective alternative to PCs for accessing the Internet, while at the same time providing an additional revenue opportunity for themselves," said Hal Krisbergh, chairman and CEO, WorldGate Communications.

Scientific-Atlanta and WorldGate also expect to expand deployments globally, with a field trial planned in Poland this fall. To date, Scientific-Atlanta has deployed more than 5 million 8600x advanced analog set-tops -- all of which will be able to support WorldGate through software downloads.

Charter, a Wired World company, is among the country's leading broadband communications companies. Following the close of all pending transactions, Charter will serve approximately 5.5 million customers. Charter offers an array of services including cable television under the Charter brand; high speed Internet access via Charter Pipeline; advanced digital video programming services under the Charter Digital Cable brand and Charter Paging. Headquartered in St. Louis, MO, Charter was acquired by Paul G. Allen in 1998. More information about Charter can be accessed at www.chartercom.com .

Headquartered near Philadelphia, WorldGate Communications, Inc. (Nasdaq: WGAT), has the first commercially deployed service that enables cable subscribers to access a full array of Internet services and e-mail through their television sets and the cable television infrastructure rather than a personal computer and telephone. The WorldGate Service marries the television set platform with existing advanced analog and digital cable converters and a remote control or wireless keyboard to bring the Internet to cable subscribers. Using advanced analog converters, the Service operates at more than 2 times the speed of a standard 56 Kbps telephone modem. With digital converters the Service operates at 27 Mbps, over 2 and one-half times faster than a typical cable modem. In addition, the Company's patented Channel HyperLinking technology, which allows viewers instant access from the program they are watching to a related Web site, has more than 70 network partners. For more information, interested parties may go to www.wgate.com . WorldGate Communications stock is traded on the Nasdaq under the symbol WGAT.

Scientific-Atlanta, Inc. (http://www.sciatl.com ) is a leading supplier of broadband communications systems, satellite-based video, voice and data communications networks, and worldwide customer service and support.

"Forward-looking statements," as defined in the Private Securities Litigation Reform Act of 1995, may be included in this news release. A variety of factors could cause Scientific-Atlanta's actual results to differ from the anticipated results expressed in such forward-looking statements. Investors are referred to Scientific-Atlanta's Cautionary Statements (Exhibit 99 to the Company's most recent Form 10-Q), which statements are incorporated into this news release by reference.

8600x is a trademark of Scientific-Atlanta, Inc. All other products or brand names are trademarks or registered trademarks of their respective owners.

SOURCE Scientific-Atlanta, Inc.



To: port_mgr who wrote (9625)6/16/1999 10:19:00 AM
From: Christiaan McDonald  Respond to of 21142
 
Port, you sure have a way with words. Sure am glad you are back.
Now I can relax and have some laughs.

Ken



To: port_mgr who wrote (9625)6/16/1999 10:39:00 AM
From: Goodboy  Respond to of 21142
 
Mr. Rent, what was that you were saying about "revenues" from Diva operations? You think that CCUR's profit margins on their latest server sales might top this?

Revenues
Revenues consist of per-movie viewing fees, monthly service fees and the
sale of monthly subscription packages. The majority of revenues consists of
per-movie viewing fees paid by customers to view movies on demand. The Company
initiated the commercial launch of its VOD service on September 29, 1997. As of
March 31, 1999, the Company's VOD service was deployed commercially at five
multiple system operator ("MSO") locations. Revenue was $12,000 and $107,000
for the three months ended March 31, 1998 and 1999, respectively, and $17,000
and $227,000 for the nine months ended March 31, 1998 and 1999, respectively



To: port_mgr who wrote (9625)6/16/1999 11:33:00 AM
From: Goodboy  Read Replies (1) | Respond to of 21142
 
Port, you might remember some people on this board saying Divx would replace the CCUR model of VOD. As of today, DIVX is dead. One down, several more to go.

Wednesday June 16, 8:26 am Eastern Time
Circuit City posts loss after dropping DIVX
NEW YORK, June 16 (Reuters) - U.S. electronics retailer Circuit City Stores Inc. (NYSE:CC - news) said on Wednesday that it posted a first quarter loss of $88.8 million after a charge from its decision to discontinue its unprofitable DIVX standard DVD player.

Circuit City Group, the publicly traded electronics division, topped analysts' forecasts of 25 cents a share with profits of $39.3 million or 41 cents a share on a 15 percent increase in sales to $2.20 billion. After the $130.2 million or $1.28 a share charge from DIVX, the Richmond, Va.-based company reported a loss of $88.8 million or 87 cents a diluted share.

Circuit City Group, which plans a two-for-one stock split next month, reported sales of $1.9 billion and net income of $13.3 million or 13 cents a share in the quarter ended May 31, 1998.

DIVX was billed as an alternative to video rentals by letting customers rent its format of digital video discs (DVD) without having to return them to stores. However, the format did not get much support from film studios or other electronics retailers, leading to losses.

Circuit City is offering DIVX customers rebates and it is cutting prices on DIVX discs, it said.

At Circuit City's Carmax Group (NYSE:KMX - news) division, the car dealer's first quarter profits totaled $2.7 million or three cents a share on sales of $486.1 million, compared with a loss of $3.2 million or three cents a share on sales of $346.4 million.