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

To: CPAMarty who wrote (26641)	12/14/1997 10:19:00 AM
From: John Rieman	Read Replies (1) \| Respond to of 50808

Customers want digital cable............................... multichannel.com Western Show Wrap - Tech Reality vs. Tech Hype By FRED DAWSON Anaheim, Calif. - The cable industry may not yet own the digital future, but developments at last week's Western Show here left no doubt that the gap between tech hype and reality has closed dramatically. It was easy to overlook the fact that this convention marked a radical departure from recent national events, just because, at the moment of breakthrough, industry leaders had raised the bar in their ambitions to be the gatekeepers of the digital era. The good-news/bad-news disparity was capsulized in the stance taken by Tele-Communications Inc. chairman and CEO John Malone. In his much-anticipated luncheon speech last Thursday, Malone chose to focus on a four-year horizon where the end game is a universal cable presence on retail shelves, rather than trumpeting the early successes that his company and others are experiencing as they introduce digital services. When, after three hours spent pitching that vision to convention goers and the press, Malone was finally asked what the early market response to the current version of digital TV has been, he responded, "Much better than we expected. We're not advertising, but we've got backlogs on orders." Indeed, the pace of announcements and business on the convention floor made it clear that now that operators are finally offering digital TV, high-speed data and even voice services, it turns out that the public actually wants these products. For the first time in a long time, vendors selling the hardware and software keys to the full-service gateway were all smiles.

To: CPAMarty who wrote (26641)	12/14/1997 11:45:00 AM
From: John Rieman	Respond to of 50808

China's restructuring picks up pace...................................... china-window.com Companies merge to be conglomerates ------------------------------------------------------------------------ The meeting of merging companies to do asset restructure is held today in Beijing. Last year. The new way was tested in 58 cities. 1099 companies had been liquidated and 1192 companies had been merged . About 1.23 million workers were laid-off. This year, the process would be fastened. 2090 companies would be merged and liquidated. Among them 70 per cent would be large and medium-sized state-owned companies, which would affect 5.6 million people.. In Shanghai, 800 had been merged and liquidated. Though a million people had been laid-off, however, 800 thousand people were reemployed after training and education. It was reported some conglomerates had been set up through merging lots of companies. They would be much more competitive in domestic and overseas market

To: CPAMarty who wrote (26641)	12/14/1997 6:07:00 PM
From: John Rieman	Respond to of 50808

Changhong(Cube customer) to get Chinese government grants.................................. asiansources.com Industry news China's TV giant receives government aid for R&D CHINA: Along with six other companies, China's biggest color TV maker, Sichuan Changhong Electronics Group Corp., will be receiving a 20 million yuan (about $2.4 million) government grant a year for technological development. Beijing has confirmed its backing of specific companies with the objective of bringing them into the ranks of the world's top 500 companies by 2010. The scheme was announced by Li Rongrong, vice-director of the State Economic and Trade Commission who was quoted in a Shanghai Securities news report. Other firms chosen for the grant include Shanghai-based Baoshan Iron and Steel, electric appliance maker Haier Group in Shandong, North China Pharmaceutical (Group) in Hebei, Shanghai's Jiangnan Shipyard (already one of China's top 500 enterprises) and computer producer Founder Group in Beijing (parent company of Founder, Hong Kong). The six firms would try to lift annual investment in technology development to 5 to 10 percent of total sales revenue, Li said. - November 25, 1997 Sichuan Changhong Electronics Tel: (816) 241 5268 Fax: (816) 233 7518