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To: Stoctrash who wrote (30868)3/13/1998 3:17:00 PM
From: Don Dorsey  Read Replies (1) | Respond to of 50808
 
90.6 million PC's by the end of this year. Not only is DVD rapidly becoming standard equipment, the PC market is still growing rapidly.

March 12, 1998
Vol. 6 - No. 48 Media Daily Archive
DIRECT Newsline
Letters to the Editor

PC Market Grew 15.4% Last Year; Expect 13.4% Next

The personal computer market will grow 13.4% and reach unit volume of 90.6 million worldwide this year, according to forecasts by Framington, MA-based research firm IDC. Although down from 15.2% growth (79.9 million total units) during 1997, solid demand for PCs in regions such as the U.S., Western Europe and Latin America are expected to mitigate any further decline that may result in major market weakness in many Asian markets.

But even the U.S. market, with an anticipated growth rate of 15.4% this year and 36.3 million vendor shipments, should prepare for modest declines from last year's 19% boost, IDC predicted. Among the factors contributing to this year's potential growth are a strong economy coupled with the burgeoning low-cost PC market. Much of the dwindling Pacific market will is expected to be shored up by a robust European market, which should sport 13.8% growth and volume of 22.1 million.

Coming off a bullet train of growth -- 16.5% growth in 1997 -- Asia/Pacific shipments in 1998 are likely to move at a sluggish 6.9%, said IDC, as volume reaches slightly more than 11 million units. This major growth decline is based on a very weak outlook for Korea and many Asian countries offsetting continued strength in China, India, and Taiwan. Japan is expected to improve following a market downturn in 1997. Vendor shipments in Japan are expected to increase 7.3% to 8.5 million driven by an expected renewed consumer interest in the second half of this year.

The so-called Rest-of-World (ROW) geographies, comprised of Canada, Latin America, East Central/Eastern Europe (EECE) and the Mediterranean, and the Middle East/Africa (MMEA) area, are projected to reach more than 12.5 million units on growth of 18%. Latin America is expected to lead the ROW growth.

In terms of worldwide PC shipments, the top five vendors named by IDC were Compaq, (10.4% market share, up 41% from last year); IBM (9% share, up 17%); Dell (4.3% share, up 57%); Hewlett-Packard (5.6%, up 50%); Packard Bell NEC (5.2%, up 6.1%); and all other manufacturers (31.1% share, up 10%).

IDC said the shift toward lower prices and more efficient business models favors the largest vendors, which have broader product lines and geographical scope. This group of vendors continues to gain share on the total market and increasingly looks to take share from each other, particularly in the more lucrative commercial market, the company added.



To: Stoctrash who wrote (30868)3/13/1998 3:30:00 PM
From: Don Dorsey  Respond to of 50808
 
How soon before Dodger broadcasts go digital? Once the first station takes the plunge on sports broadcasts, others will soon follow.

Fox Swallows Dodgers

The Fox Group made it official on Thursday, signing an agreement to purchase baseball's Los Angeles Dodgers from the O'Malley family for what the New York Times is putting at $320 million and which team president Peter O'Malley told Reuters "is pretty accurate."

The deal has been pending since last fall when O'Malley, whose dad Walter moved (and my dad still says "stole") the team from Brooklyn in 1958, announced that Fox was the preferred suitor. However, the agreement remains subject to approval of Major League Baseball owners, who will vote on the sale on Thursday in St. Petersburg, FL. To go through, the sale needs a three-quarter approval of the 30 Major League Baseball teams.

Following its announcement of the sale, the Dodgers said on Thursday that executive VP Bob Graziano will be named Dodgers president/CEO, while O'Malley will become chairman of the board.

How good a deal for Fox is this? Fox bought the cable transmission rights to the Dodgers games in September from the telco consortium Tele-TV for an undisclosed sum, although Tele-TV was then thought to have paid in excess of $100 million for a five-year license. Since then, the number of venues where Fox can ply the nationally-recognized Dodgers has grown substantially, now that the Fox/TCI-Liberty regional sports network, Prime Sports West, has coupled with Cablevision Systems Corp.'s Sports Channel network to make Fox Sports Net.

CommentMedia Daily Related Links
Fox Sports Cuts Deals, (9/27/96)
Fox Sports Net Launches: Ain't Vertical Integration Grand, (1/30/98)



To: Stoctrash who wrote (30868)3/13/1998 6:54:00 PM
From: CPAMarty  Read Replies (2) | Respond to of 50808
 
We would need a breakout of Divi's numbers in order to value it separately. Of course this would assume that Divi was a independent entity; as a subsidiary its value is included in CUBE's market cap. This would be a neat little exercise. It seems to me that CUBE's CFO stated during the last conference call that they might be breaking out Divi's numbers later this year.
Hey, maybe if the value is big enough, CUBE should spin off Divi