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Technology Stocks : WAVX Anyone? -- Ignore unavailable to you. Want to Upgrade?


To: Sophie Janne who wrote (7468)6/17/1999 12:24:00 PM
From: Tony McFadden  Read Replies (1) | Respond to of 11417
 
Another "competitor" [and I use that term lightly] bites the dust...

cnn.com

A clip...

"Unfortunately, we have been unable to obtain adequate support from studios and other retailers. Despite the significant consumer enthusiasm, we cannot create a viable business without support in these essential areas."

Divx was billed as an alternative to video rentals by letting customers rent its format of digital video discs without having to return them to stores. However, the format failed to get much support from film or other electronics retailers, leading to losses."

Looks like the quiet method of rounding up wide support from various OEM's, and content providers would have been a better way to do it...

Tony
members.theglobe.com