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To: Steve Rolfe who wrote (1048)	12/8/1999 11:33:00 AM
From: Steve Fancy	Respond to of 3891

RESEARCH ALERT-Thomson Multimedia started at buy Reuters, Wednesday, December 08, 1999 at 10:47 NEW YORK, Dec 8 (Reuters) - SG Cowen said on Wednesday it started its coverage of Thomson Multimedia (NYSE:TMS) (SBF:TMM) with a rating of strong buy. -- On Tuesday, the company said it had developed a device - called Lyra - to download music from the Internet that was compatible with Microsoft Corp.'s (NASDAQ:MSFT) Windows media compressor and could be upgraded. -- SG Cowen said, "Digital convergence in CE industry offers new growth opportunities." -- "Partnerships enhance prospects for emerging digital devices." -- Thomson Multimedia's shares were up 2-3/8 at 47-3/4 in early Wednesday trading on the New York Stock Exchange. Copyright 1999, Reuters News Service