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

To: DiViT who wrote (28323)	1/21/1998 2:18:00 PM
From: BillyG	Read Replies (2) \| Respond to of 50808

TI, DSPs, and purchased technology................ TI CFO sees solid growth for DSP business By Richard Melville NEW YORK, Jan 21 (Reuters) - Texas Instruments Inc expects continued strong growth from its digital signal processing business, a product line that now accounts for nearly 40 percent of its overall revenues, chief financial officer Bill Aylesworth said on Wednesday in a telephone interview. Aylesworth said TI expected 30 percent revenue growth from its DSP business in 1998, after a 35 percent growth rate in 1997. The processors currently are used mainly in digital cellular phones, modems and computer storage devices, such as hard drives. Aylesworth said orders in the last of those markets -- hard drives -- showed signs of emerging from a suggish period. "That market segment has been going through some inventory corrections over the last two or three quarters but we've seen a recent pickup in orders there," he said. The troubled times in the hard drive industry has prompted restructurings and layoffs in companies like Seagate Technology Inc and produced massive declines in share prices across the industry. Aylesworth also said growth should come as use of the processors broadens to areas like DVD [note -- TI does not make any DVD decoders. What is the CFO talking about?] -- an abbreviation that once stood for digital video disk but now, confusingly, refers to digital versatile disk, a new name for essentially the same technology. Use of the processors in new communications devices also should provide strong growth opportunities, he said. Over the past year, Texas Instruments has intensified its efforts to focus on the higher-growth DSP business, which represented 45 percent of its semiconductor revenues in the fourth quarter. Semiconductors comprise about 85 percent of TI's overall revenues. Aylesworth said much of the company's planned $1.4 billion in capital expenditures and $1.3 billion in research and development spending would be "very intensely focused" on the DSP area. He said spending levels this year, up from $1.2 billion in capital expenditures and $1.1 billion in R&D in 1997, were being constrained by the company's near-term cautious outlook on market conditions, particularly with respect to the economic turmoil in Asia. "The internal demand of our people to put capital in place to execute their plans is really greater than that," he said. "Near-term we need to be somewhat cautious because of the Asia environment." Aylesworth said opportunities might arise over the course of the year which would prompt TI to boost capital spending from the planned levels. Texas Instruments has made several acquisitions of technology companies in an effort to extend the reach of its DSP business, most recently buying Amati Communications Corp. Aylesworth said TI would continue to evaluate possible acquisitions that meshed with its goal of building the DSP business.

To: DiViT who wrote (28323)	1/21/1998 2:29:00 PM
From: Brad Rogers	Read Replies (1) \| Respond to of 50808

Big turnaround underway at 2:00pm EST in beaten down techs. Don't know whether it will last, but an amazing intraday turnaround in significant tech issues (including Cube) started late morning and picked up steam about l:00pm EST. Semiconductor index (SOX), Compaq, Texas Instruments, Seagate, Western Digital, Gateway, Micron Tech, Iomega, etc. now up after starting down. TI now up over l l/2. big blocks on these stocks. all of this is occurring with Dow down over l00 and Nasdaq down about 5. Ron.

To: DiViT who wrote (28323)	1/21/1998 4:48:00 PM
From: John Rieman	Respond to of 50808

E4........................................... ijumpstart.com DVD upgrade kit: CoolDVD supports Power Macintosh G3 series and Power Macintosh 4400 series. Features a DVD-ROM drive with ATAPI/Enhanced IDE interface, C-Cube's ZiVA DVD decoder, Auravision's VxP524 video stream processor, E4's navigation software and entertainment titles; includes support for AC-3, 8-track multilingual, 32-track subtitle for pan and scan, wide-screen formats and multiple angles; mixes graphics and DVD video data on-board and passes this information directly to the PC monitor, eliminating bandwidth problems. Includes Macrovision and CSS copy-protection in hardware.