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

To: Hedley Rainnie who wrote (26024)	12/3/1997 8:37:00 AM
From: BillyG	Respond to of 50808

Ritek Admitted as Class-A DVD Alliance Member December 3, 1997 (TAIPEI) -- Taiwan's Ritek Inc. revealed that it was admitted as a "Class A" member of the international group of electronic equipment makers that standardize digital video disk (DVD) specifications. Ritek is the first private-sector DVD maker in Taiwan to be granted Class A membership in the alliance. The alliance includes Philips Electronics NV, Sony Corp., Pioneer Electronic Corp., Toshiba Corp., Hitachi Ltd., Matsushita Electric Industrial Co., Ltd., Mitsubishi Electric Corp., Time Warner Inc. and Victor Co. of Japan Ltd. The Optoelectronics and Systems Laboratories of Taiwan's Industrial Technology Research Institute also was admitted to the alliance as a Class-A member earlier in 1997. Ritek executives said the membership will help their company develop overseas markets such as Europe, where the Ritek name is not yet well-known. Ritek's membership also will help raise Taiwan's status in making DVD standards. Excluded from such DVD alliances, Taiwan used to lag behind international makers in introducing new products. Ritek executives said Taiwan is now able to decide, instead of just follow, DVD standards. Ritek now has the power to vote in the DVD alliance, but it must still participate in working groups under the alliance before it will be able to join in the setting of DVD standards. The company now participates in three of the eight working groups under the DVD alliance -- those involving DVD-ROM, DVD-R and DVD-video technologies. Following the debut of its CD-RW, Ritek now plans to introduce a high-density CD-R, or CD-RH, in December. This is to be the first product of its kind made by a Taiwan firm. With a capacity 25 percent larger than traditional CD-Rs, and a price higher by at least the same amount, the product is expected to boost Ritek's revenues significantly by year's end. (Commercial Times, Taiwan)

To: Hedley Rainnie who wrote (26024)	12/3/1997 1:42:00 PM
From: DiViT	Respond to of 50808

Bring them on! Perhaps this is why Cube lowered prices in Nov?... What the hell is ESS gonna do?