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

To: BillyG who wrote (33983)	6/23/1998 6:46:00 PM
From: DiViT	Read Replies (1) \| Respond to of 50808

ATI Tech, General Instrument -2: Order Could Be Big [I think I like the sounds of this...] 06/23/98 Dow Jones News Service (Copyright (c) 1998, Dow Jones & Company, Inc.) General Instrument Corp. (GIC) is reviewing ATI Technologies Inc.'s (T.ATY) set-top technology, called Set-top-Wonder CE, to use in General Instrument's advanced digital set-top box, called the DCT 5000, which it hopes to start selling by the middle of next year, General Instrument's Dick Badler said. General Instrument already sells a digital television set-top box known at the DCT 1000 model. The DCT 5000 model is more advanced than the DCT 1000 because it's equipped with a high-speed cable modem, and provides video gaming, better graphics, and Internet access, among other functions. Henry Quan, vice-president, strategic planning at Toronto-based ATI, confirmed the company is talking with General Instrument and other TV set-top box manufacturers as potential customers for its set-top product. ATI introduced the product in March. Quan said obtaining the supply contract from General Instrument would be strategically important to the company's plan to diversify its operations beyond its core business of supplying graphics chips and multimedia products to personal computer manufacturers. Besides developing the set-top box product, ATI has developed graphics chips for flat panel display monitors. Indeed, an order from General Instrument for ATI's set-top equipment could be big. Earlier this year, a group of cable-television companies led by Tele-Communications Inc. announced plans to order 15 million set-top boxes from General Instrument over the next three to five years. Badler said the order will be comprised of DCT 5000 and DCT 1000 models but he couldn't give a breakdown. Since ATI, if selected as a supplier, would only be providing equipment to the DCT 5000, Badler couldn't say how many devices would include ATI components. ATI's Quan said the possible contract with General Instrument isn't included in the company's financial planning. As a result, ATI wouldn't suffer financially if it lost the contract, he said.