Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Stoctrash who wrote (27065)	12/23/1997 2:23:00 PM
From: DiViT	Respond to of 50808

Sosimple... Samsung Tests HDTV Receiver Compatibility with ATTC & CBS in Advance of CES Debut 12/22/97 Business Wire (Copyright (c) 1997, Business Wire) RIDGEFIELD PARK, N.J.--(BUSINESS WIRE)--Dec. 22, 1997--Samsung Electronics America, Inc. is making great strides in the digital television arena having recently completed successful HDTV receiver compatibility tests. The tests were conducted at the Advanced Test Television Center (ATTC) in Washington, DC and at the CBS Engineering Labs in New York to ensure the operation and compatibility of Samsung's newly developed chip set for digital TV and set-top-box. Samsung will demonstrate the superior quality of the receiver during the Consumer Electronics Show (CES), January 8-11, 1998 in room N107 of the Las Vegas Convention Center. The demonstration will use off-air signals provided by CBS and PBS. Art Rancis, Vice President of Samsung's Product Innovation Lab, said, "While our work with CBS is only in its initial stages, we share a common bond in our commitment to create and promote public awareness for HDTV." The tests conducted at CBS confirm that the resolution produced by the Samsung receiver, 1920 x 1080 HDTV format, will be the highest at CES. This will be demonstrated by a signal feed to two of Samsung's new 55" digital projection TVs, which will debut at the show. Off air signals will be provided to Samsung during CES by CBS affiliate station KLAS-TV will include sports, prime-time segments, as well as new and archival materials from CBS, and Nature, Nova in addition to art and drama segments from PBS. Conversely, the Samsung receiver will be used at KLAS-TV as a confidence monitor to insure the quality of the signal transmitted by station to the convention center. CBS is leading the digital TV paradigm by broadcasting off-air HDTV test signals, which are transmitted from the Empire State Building, and by providing test signals and program content at CES. Samsung had the opportunity to test its receiver at the ATTC and in the CBS engineering laboratory in preparation for CES. The receiver tested contains an array of Samsung-developed digital TV technology, including a Channel Demodulator/Decoder, Channel Equalizer, MPEG2 High Level Decoder, and Format Converter ICs. Headquartered in Ridgefield Park, NJ, The Consumer Electronics Division of Samsung Electronics America, Inc., markets a broad range of consumer electronics products including color televisions, TVCR combination units, VCRs, camcorders, digital products, microwave ovens, vacuums and air conditioners. The Information Systems Division markets monitors and storage products including DVD -ROM drives. Samsung Electronics Company Ltd., a US$19 billion flagship company of US$93 billion Korean-based Samsung Group, is a world leader in the electronics sector, with operations in more than 60 countries. The company develops, manufactures, and markets audio and video products, household electronics goods, computers and peripheral products, display products, telecommunication and information systems, software tools and semiconductors. Visit us at sosimple.com CONTACT: HWH Public Relations, New York Russell Rowland/Nini Curry PHONE: 212/355-5049 FAX: 212/593-0065 E-MAIL: info@hwhpr.com 12:31 EST DECEMBER 22, 1997

To: Stoctrash who wrote (27065)	12/23/1997 2:31:00 PM
From: C. Niebucc	Read Replies (1) \| Respond to of 50808

Cohodes gets an A!.... Thanks, Herb... This Column's Year-End Report: Passes, Failures, Incompletes / An effort to show accountability, even if the truth hurts Herb Greenberg 12/22/97 The San Francisco Chronicle FINAL Page D1 (Copyright 1997) OK, class, it's annual report card time again. While I wrote my share of yawnersand downright snoozers, there were relatively few bona fide failures but plentyof winners. (There were also a few incompletes, but more about those in a moment.) Let's start with the items I'd rather forget: An "F" goes to yours truly for writing a column last January that questioned whether Aussie media mogul Kerry Packer had his eyes on Data Broadcasting. You rarely win with speculative stories like that. Packer may own the stock, but he hasn't made a run at the company. Along those lines, I also should get failing marks for wondering whether Cirrus Logic and Ross Stores were about to be sold. I should be forced to wear a dunce cap for not factoring in possible competition when writing about CardioThoracic Systems, which makes tools for minimally invasive heart surgery. (It's stock got as high as $27; it's now $5.) I should go sit in the corner for wondering whether the fortunes of San Francisco-based HS Resources, an oil and gas explorer, were about to gush. Considering the company's inactive stock, investors must feel as though they've hit a dry hole. I should suspend myself for writing that 3Com's investors probably weren't getting duped when the networking company bought U.S. Robotics. (It now appears the short-sellers may have been right all along by alleging that U.S. Robotics had generated its impressive earnings by stuffing the distribution channel with more modems than it could possibly sell.) And somebody please rap my wrists for writing that the goofball "rule of the rule" was flashing one of its rare "sell" signals back in July -- just before one of the Dow's most powerful advances. According to the rule, the Dow is headed for a fall if the list of "new lows" published in The Chronicle exceeds 12 inches in length. (The only consolation is that the Dow recently tumbled below where it was when the original item ran. But try telling that to anybody who gave up a few hundred points on the upside.) On a brighter note, it's my pleasure to hand out an "A" to short-seller Marc Cohodes of Rocker Partners for his willingness to go on the record questioning the fundamentals of chipmaker C - Cube Microsystems when its stock was around $38; it has since reported unexpectedly bad earnings, and its stock trades at around $18. ( C - Cube CEO Alex Balkanski gets an "F" for failing to respond to my many requests for an interview.) INSIDER Also getting an "A": Seattle money manager Bill Fleckenstein for going against the crowd to suggest at $68 Micron Technology was way too high; it's now around $23. He also gets high marks for stubbornly sticking with his story that Applied Materials and other semiconductor equipment makers were heading for a slowdown that has materialized. And an "A" goes to Alex. Brown analyst Larry Marcus, for bucking the trend and making a case for Scott Cook's Intuit when it was $22; it's now around $37. This column, meanwhile, should graduate with honors for being first to point out a warning in 3Com's regulatory filings that suggested its earnings could tumble. And it should get more than a passing grade for continuously questioning whether the fast-rising stock of Vivus, the Menlo Park maker of a male impotence treatment, was about to go limp. (It tumbled recently amid controversy.) Honors also are deserved for being first to ask whether BankAmerica was about to buy Robertson Stephens (it did), and whether Montgomery Asset Management was being sold to Germany's Commerzbank (it was). Also kudos for an item back in June that questioned whether rising receivables spelled trouble for Cabletron. The stock was $32. Cabletron has since announced a big earnings disappointment. Its stock is $14. Back in April another column mentioned whether the feathers were getting ready to fly at Boston Chicken; the stock was around $30; it's now $7, and investors feel as though they've been plucked. Another item, in March, asked whether life in the fast lane was starting to slow for Larry Ellison's Oracle. At the time the stock was $26. It went to $40, but recently fell back to its current price of $21 when the company disclosed its growth wasn't quite meeting Wall Street's expectations. Other columns questioned the inner workings of Galoob, whose stock soared as high as $26 on hype that it would get a license to produce toys for the next generation of Star Wars movies. It got the contract, but then announced that most of its other business was lousy. Its stock now trades at around $10. High marks are also deserved for questioning whether the sale of CNS Breathe Right strips (like those worn by Jerry Rice) were slowing; they have, and its stock tumbled to $6 from $20. And let's not forget the columns that questioned whether something wasn't quite right with the way America Online and Tel-Save Holdings accounted for Tel-Save's $110 million payment to America Online. Both companies were subsequently forced to restate their earnings. Incompletes go to this column for suggesting that Iomega has been hiding problems with its Jaz drive (so far there hasn't been any evidence in the company's financial statements); to Fleckenstein, for his still unproven premise that PC makers are headed for a big fall; and to Cohodes, for his argument that HMT Technology, a Fremont maker of hard disks, is doomed. Whew! And to all a good night. This column returns in two weeks. Until then, have a great holiday, and as they say in the biz world: Thanks for your patronage.