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To: Stoctrash who wrote (24278)	10/23/1997 3:55:00 PM
From: John Rieman	Respond to of 50808

Americast has real American Money. When will Zenith start shipping those boxes????????????????????????? Westland Becomes Ameritech's 30th Detroit-Area Cable TV Franchise PR Newswire - October 23, 1997 15:23 AIT %TLS V%PRN P%PRN ------------------------------------------------------------------------ Deal Means Ameritech New Media Has 1 Million Homes Under Franchise DETROIT, Oct. 23 /PRNewswire/ -- Westland this week became the 30th Detroit-area municipality to award Ameritech New Media a cable television franchise, pushing the number of households in cities with Ameritech (NYSE: AIT) cable TV franchises over the 1 million mark. The Westland City Council voted unanimously to give its residents a choice of cable television providers for the first time, by approving a 15-year franchise agreement with the subsidiary of Ameritech. Ameritech now has completed cable TV franchises with 55 Midwestern cities and towns containing more than 1 million households and a total population of more than 2 million. Ameritech now offers its enhanced cable TV service, called americast(TM), in 35 communities across the upper Midwest, including 17 in Michigan. Westland has a population of approximately 86,000 residing in about 35,000 households. Ameritech will compete with incumbent cable provider MediaOne in the community. "We welcome the agreement with Ameritech, which will provide our residents with a true 'choice' in cable service," said Mayor Robert J. Thomas. "I believe that Ameritech will bring a new level of service to our residents, as well as providing the competition that we have needed for so long." Customers who choose Ameritech's americast cable service will receive more than 80 channels of video programming at competitive prices. At no extra charge, Ameritech's expanded basic package will include The Disney Channel and the Golf Channel -- channels that many cable operators offer only at a premium, if at all. Over the next few years, Ameritech plans to expand americast to include hundreds of channels and add interactive services to make consumers' lives easier. The americast programming is being developed by Ameritech's joint venture with The Walt Disney Company and several other communications companies. Ameritech serves millions of customers in 50 states and 40 countries. Ameritech provides a full range of communications services, including local and long distance telephone, cellular, paging, security monitoring, cable TV, electronic commerce, on-line services and more. One of the world's 100 largest companies, Ameritech (www.ameritech.com) has 69,000 employees, 1 million shareowners and $24 billion in assets. SOURCE Ameritech /CONTACT: Geoff Potter of Ameritech, 312-526-8223, geoff.potter@ameritech.com/ /Web site: www.ameritech.com/ (AIT)

To: Stoctrash who wrote (24278)	10/23/1997 4:08:00 PM
From: John Rieman	Read Replies (2) \| Respond to of 50808

Philips semiconductors to expand.................................... news.com By Reuters October 23, 1997, 10:25 a.m. PT EINDHOVEN, Netherlands--Philips Electronics (PHG) said on Thursday its lucrative semiconductors division would continue to expand, either independently or in cooperation with others. "[Semiconductors] will definitely continue to expand either alone or with another [firm]. The amounts of money are getting very large and it might make sense to do that together with a partner," financial officer Jan Hommen told a news conference. Earlier, Philips reported a 42 percent jump in nine-month operating profits in its components and semiconductor division, driven by higher semiconductor revenues. Operating profits for semiconductors and components climbed to 1.7 billion guilders from 1.2 billion. "The semiconductor business was really helped in particular by the communications segment but also by the multimedia segment. They were very strong," Hommen said. "The main driver was that we had very high operating rates and price erosion was not that dramatic in the [third] quarter," he continued. Philips recently announced plans to open a new semiconductor facility in the Philippines. The company had been able to postpone other investments by raising capacity at existing plants with limited capital expenditure, Hommen said. Analysts were generally upbeat on the performance of Philips' semiconductors. "The semiconductor business cycle is on the up," said a London-based analyst. Story Copyright c 1997 Reuters Limited. All rights reserved.