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

To: John Rieman who wrote (25963)	12/1/1997 8:48:00 PM
From: BillyG	Read Replies (2) \| Respond to of 50808

Creative is still investing....................... OPTI SELLS NET MEDIA GROUP TO CREATIVE -- Opti has signed an agreement to sell its Net Media group to Creative Technology for $14M in cash and warrants to purchase 200,000 shares of Opti's common stock at 10 cents a share. Under the deal, Creative also receives a license to certain Opti core logic technologies that will be integrated into Creative's consumer and multimedia products. In addition, the agreement calls for Creative to use over the next 12 months certain backend services from Opti including layout design, test services and failure analysis as well as a buy/sell arrangement for Opti's USB controller. The agreement is expected to be finalized today. "This agreement provides OPTi an attractive price for its Net Media business as well as for new business opportunities for both its backend services and peripheral product areas," said Jerry Chang, CEO. Opti: 408 486-8000.

To: John Rieman who wrote (25963)	12/2/1997 1:25:00 PM
From: DiViT	Respond to of 50808

We think AKAI is Cube but who knows these days... SEMI-TECH EYES AKAI RELAUNCH ÿ 12/01/97 Consumer Electronics Warren Publishing, Inc. (Copyright 1997 by Warren Publishing, Inc.) ÿ Semi-Tech is understood to be studying possible relaunch of Akai brand in U.S. in 1998 for line of products that includes DVD player and plasma display technology. Akai consumer AV brand vanished from U.S. stores years ago, but has had minirevival overseas. Akai DVD player is being sold in Far East, and similar introductions are planned soon for Europe and Middle East. Plans call for setting up small Akai sales force in U.S., but relying heavily on American distributor to bring product to market, source said. Semi-Tech met with several companies, including Go Video, on distribution deal, but didn't complete any agreements, sources said. Talks with Go Video were said to have been extensive, although companies couldn't agree on product pricing. Agreement was "fairly close" in late summer, Semi-Tech Investor Relations Vp Ralph Barnes said, but he declined to identify potential partner. Go Video Vp Edward Brahocki denied company had discussed Akai with Semi-Tech, but declined further comment. Akai, which has combined some production with affiliated Semi-Tech company Kong Wah, is targeting big-screen TV, including 40W" plasma expected to be introduced in early 1998, company said. It has built own DVD player and is developing surround sound audio systems and "Internet Connection Network Computer," with specs not available. Barnes said, "It would make no sense not to have a total product line" in U.S., where brand once enjoyed high profile.