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To: Glenn D. Rudolph who wrote (83996)	11/12/1999 2:32:00 PM
From: H James Morris	Read Replies (2) \| Respond to of 164684

Glenn, you you remember Dvidc? I think you bought some then dumped it. Well it took 2 years, but it finally broke out. Remember we both bought it at 3? <<DIGITAL VIDEO SYS INC COM NEW(DVIDC) Bid: 8 1/2 BidSize: 1 Open: 4 Ask: 8 5/8 AskSize: 2 Close: 3 1/2 Last: 8 5/8 High: 10 5/8 Div.: 0.00 Change: +5 1/8 Low: 3 31/32 Yield: 0.00 A.High: 24.719 P/E: 0.00 Volume: 425700 A.Low: 3 EPS: 0.00 Market :NASDAQ SC Tick: Up << Exceeding Previous Forecast and First Time in Black MOUNTAIN VIEW, Calif., Nov. 12 /PRNewswire/ -- Digital Video Systems, Inc. (Nasdaq: DVIDC) today announced that revenues for the second quarter, which ended September 30, 1999, were $15.7 million, a record in the Company's history and 5% over previously announced forecast. Compared with $6.4 million for the first quarter and $3.5 million for the second quarter a year ago, this represents an increase of 145% from the previous quarter and an increase of nearly 350% from the same period a year ago. In the second quarter the Company also achieved operating income for the first time since going public in 1996, although a small amount. The income compared favorably with operating losses of $1.4 million in the previous quarter and losses of $4.2 million in the second quarter a year ago. DVS' Co-Chairman and CEO Mali Kuo stated, "We are pleased that our team effort and hard work has accomplished substantial growth of production and sales, with improved margins and continuing tight control of overhead, so that we could prevent from the high losses of the past and start to be in black." She added, "With orders for delivery in the quarter exceeding $19 million, we expect the revenues will grow and the Company will continue to operate profitably in the third quarter ending December 31, 1999." About DVS Digital Video Systems, Inc. is a technology company specializing in the development and application of Digital Versatile Disc (DVD) and digital-video related technologies. The Company currently develops and markets DVD-ROM drives, DVD intelligent loaders, including subassemblies and components, and CD based Video Engine products for the consumer products, commercial video and computer peripherals markets. Established in 1992, DVS is a publicly traded company headquartered in Mountain View, Calif., with a branch office in Taiwan and subsidiaries in Hong Kong, Bermuda, South Korea, and China. DVS is a trademark of Digital Video Systems, Inc. This release contains forward-looking statements within the meaning of the "safe harbor" provisions of the private Securities Litigation Reform Act of 1995 that involve various risks and uncertainties, including, without limitation, statements with respect to DVS' strategy, proposed sales of DVS' products, markets, and the development of DVS' products. DVS' actual results may differ materially from those described in those forward-looking statements due to a number of factors, including, but not limited to, risks of competition and the enforceability of DVS' patents and other intellectual property rights, risks relating to the development and market acceptance of DVS' products, and risks related to planned rapid growth of the DVS' business and the conduct of business by DVS in foreign countries, risks relating to the shortage of capital after substantial losses in prior years, which factors and others described in documents that DVS files from time to time with the Securities and Exchange Commission, including the Company's' Form 10-KSB filed June 30, 1999 and Form 10QSB filed August 2, 1999. For more information on DVS' products, email to info@dvsystems.com, call 650-564-9699 or visit: www.dvsystems.com. SOURCE Digital Video Systems, Inc. >>