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Technology Stocks : ATI Technologies in 1997 (T.ATY) -- Ignore unavailable to you. Want to Upgrade?

To: Brian Diggle who wrote (4770)	12/15/1999 1:49:00 PM
From: Marc	Respond to of 5927

LOS ANGELES (Dow Jones)--General Instrument Corp. (GIC) received an order for an additional one million interactive digital consumer set-top terminals from Charter Communications Inc. (CHTR). According to Wednesday's Wall Street Journal, the deal is worth about $300 million. In a press release, General Instrument said the orders, which are incremental to a December 1997 digital terminal supply agreement between the two companies, will be delivered in 2000 and 2001. Charter will also begin deploying GI's DCT-5000+ interactive digital consumer terminal in 2000 to deliver advanced interactive digital services to its subscribers. General Instrument said commercial shipments of its DCT-5000+ terminal began in the third quarter of 1999. Charter Communications is a cable TV concern headed by billionaire Paul Allen. General Instrument provides broadband access solutions. The company's NYSE-listed shares recently traded at 70 5/16, up 2 3/8, or 3.5%.