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Technology Stocks : C-Cube -- Ignore unavailable to you. Want to Upgrade?

To: Black-Scholes who wrote (42641)	7/6/1999 10:16:00 PM
From: John Rieman	Read Replies (1) \| Respond to of 50808

They just can't make enough DVD players............... e-town.com DVD SALES SKYROCKET ARLINGTON, VA, July 6, 1999 -- One million DVD players have been sold so far this year (as of June 26), according the Consumer Electronics Manufacturers Association. CEMA also revised its projections for total DVD player sales in 1999, increasing previous predictions of 1.8 million to 3 million. This is now in line with predictions made by many executives at the top hardware manufacturers, as reported by etown.com. "DVD sales continue to vastly outpace introductory sales of VCRs and CD players. It has quickly become a mass-market product, demonstrating that consumers want the best possible picture and sound quality they can get. For this reason, DVD is a great harbinger for HDTV -- people want theater-quality video and sound," said Gary Shapiro, president of CEMA. Shapiro noted that CEMA doesn't expect the absence of Divx to have a negative impact on DVD player sales: "We saw Divx simply as a product feature." Now that the Best Buys of the world are selling DVD players for $199, the final tally for 1999 may go north of three million. The limiting factor is factory capacity, as manufacturers are already selling all that they can build.