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To: BillyG who wrote (26522)12/11/1997 3:47:00 PM
From: DiViT  Read Replies (1) | Respond to of 50808
 
Japan Toshiba 1st Approved To Market DVD Player In Europe
ÿ
12/11/97
Dow Jones News Service
(Copyright (c) 1997, Dow Jones & Company, Inc.)
ÿ

TOKYO (Nikkei)--Japan's Toshiba Corp. (J.TOS or 6502) will introduce in spring 1998 a second-generation digital video disk player in the European market, the Nikkei Industrial Daily reported in its Thursday edition.

The leading electric machinery maker will be the first Japanese DVD maker to market players in Europe.

The release of the SD-K310 model follows authorization to sell DVD players with dolby stereo-surround systems handed down by the first general meeting of the DVD Forum.

Toshiba plans initial sales in the U.K., France and Italy with hopes of securing a 30% market throughout Europe, the newspaper said. (Eastern Europe - r/eeu) Projected domestic sales for the current year total more than 300,000 players with sales in the U.S. anticipated to climb above the 600,000 mark.

(END) DOW JONES NEWS 12-11-97



To: BillyG who wrote (26522)12/11/1997 4:02:00 PM
From: coopie  Read Replies (2) | Respond to of 50808
 
Thanks Billy, I think FredE has got the right idea today! Why wait till happy hour. Rarebird, or any other shorts out there, are you buying? Good Luck.



To: BillyG who wrote (26522)12/11/1997 4:36:00 PM
From: John Rieman  Respond to of 50808
 
Strong demand for Digital Cable boxes..........................

nypostonline.com

CABLE STOCKS GET LIFT FROM TCI

By JON ELSEN
------------------------------------------------------------------------
Tele-Communications Inc.'s Leo Hindery Jr. painted a rosy picture of prospects for the cable giant and Wall Streeters liked what they heard.

TCI shares jumped 2 to 26 after Hindery's address at the PaineWebber Media Conference, and stocks of other cable operators followed suit.

Cablevision rose 3 to 88 and Comcast rose 1 516 to 29.

Hindery divulged that TCI will add more than 90,000 subscribers in the fourth quarter, some of those new and some of them returning. The number was higher than expected, and a big increase over the third quarter's 65,000-subscriber increase.

Some were disappointed that Hindery had still not notched a deal for a major technology company to invest in TCI.

Hindery said talks for a technology partnership are on track. He would not say if he was talking with Microsoft's Bill Gates, who's believed to be considering a TCI investment.

Gates also reportedly has been considering investing in U S West and Time Warner, though a Time Warner deal is unlikely.

Some still believe a Microsoft investment in TCI is next, in large part to help TCI cover the cost of rolling out digital set-top boxes.

Hindery also said he was preparing to announce three deals with other cable operators, ending his flurry of such transactions over the last half year. Once the deals are done, TCI will have shrunk to 10 million subscribers.

The deals, to be announced late last night in California, were believed to allow TCI to beef up its control of Chicago, and involve Continental and Adelphia.

TCI's alliance and system swaps have allowed the cable giant to focus on its core systems, while off-loading substantial debt.

"This project is over," Hindery said yesterday.

Hindery also said:

TCI will be at the low-end of the range of rate increases by cable operators, and will probably raise rates by a percentage in the "mid-single digits."

TCI will probably take a partner when it rolls out Internet telephone service in a few years. He would not say if he is talking with AT&T, as is rumored now that AT&T has decided to sell its 2.5 percent stake in satellite-operator DirecTV.

He plans to do a deal with a major broadcaster on high-definition television.

He expects to announce soon how TCI will increase its stake in HSN Inc. from 10 percent to 25 percent, once HSN completes its Universal deal.

He said he won't contribute cable networks Discovery, Starz! or Fox/Liberty Sports - a partnership with News Corporation, owner of The Post - which owns 40 percent of the New York Knicks, New York Rangers, Madison Square Garden and the MSG Network.

TCI is getting strong demand for its new digital set-top boxes.

CableLabs, a consortium of cable operators, is deciding "as we speak" what technology companies will have a role in the making of new set-top boxes for interactive cable television. He would not predict when a decision will be made.



To: BillyG who wrote (26522)12/11/1997 5:30:00 PM
From: John Rieman  Respond to of 50808
 
Desparately Seeking Rupert, or...................................

ijumpstart.com

Coffee with Leo, Barry and Ted: Industry Leaders Kick Off Western

<Picture><Picture><Picture>

ANAHEIM-Cable's top execs believe alliances and open architecture are key to the industry's future, but it's clear that HSN's [HSNI] Barry Diller, TCI's [TCOMA] Leo Hindery and Time Warner's [TWX] Ted Turner don't envision the same path. The trio (mostly Turner) had attendees at Western's opening session yesterday rolling with laughter during a frank panel session that ranged from digital cable to deal-making. Deals between Silicon Valley, operators and programmers will make the deal "triangle spin so fast that it'll turn into a circle" where the industry will align itself into partnerships like TCI's "summer of love" rather than segment itself, Hindery says. "[The major acquisition trend] is not over, Leo," Diller told the TCI pres/COO, while Turner later warned that any company - including Time Warner - faces risks and challenges by growing too big-large companies are a management challenge, he says. Cable will never let Bill Gates control the industry with a closed software architecture, Turner said, but Diller echoed John Malone's "beware of Bill Gates" sentiment.

Also Wed: Hindery says he's bought his last set-top, explaining that TCI will distribute video and data with network computers running on Intel [INTC] chips after it exhausts the 500K digital set-tops in inventory. Turner says the increasing costs of basic tier programming is getting "to the point where basic has to be redefined," and Diller says the Internet and electronic commerce will redefine the way home shopping nets conduct business.

Turner didn't hold back, as usual. Our favorite quotes: "The smart money is going to rule and the dumb asses are going to fall by the wayside." What's he think of Rupert Murdoch? "I'd like to get my hands on him."