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To: E. Graphs who wrote (13441)	7/7/1998 5:25:00 PM
From: Jimbo Cobb	Respond to of 25814

24 3/4 now...looks like we got a little after-hours bounce... GO LSI !!!! GO INTC !!!! Hope the hot Internet money starts flowing into the semiconductor stocks.

To: E. Graphs who wrote (13441)	7/7/1998 5:26:00 PM
From: shane hartman	Read Replies (1) \| Respond to of 25814

Disney, Warner Band Together On DVD Tuesday July 7 10:00 AM EDT BURBANK, Calif. (Reuters) - The home video units of Walt Disney and Time Warner, the two largest entertainment companies in the world, said they banded together in an overseas distribution pact for new digital videodiscs. Digital videodisc technology puts full-length movies on compact discs the same size as audio CD's. Many industry experts believe DVD could replace videotape for movies because of its superior picture and sound quality. Under the deal, Warner Home Video will distribute DVD movies from Buena Vista Home Video, the Disney unit, in 30 territories spread across Europe, the Middle East, Africa and in former Soviet Union countries. The agreement covers over 100 titles and runs through the year 2000. Financial details were undisclosed. Each of the movies will be released simultaneously in DVD and on videotape in the VHS format. "Disney's expansion in the global DVD marketplace is a major step in the international development and growth of the format," said Warren Lieberfarb, president, Warner Home Video. Warner has long been one of DVD's most active proponents while Disney was slower to adopt the new media. "We are very enthusiastic about the DVD format and our signing of this deal marks our commitment to ensuring that it becomes a thriving business," said Stuart Warrener, president of Buena Vista Home Video Europe, the Middle East and Africa. DVD was launched as a product just last year to initially positive sales results in the United States from early adopters of the technology. The next challenge for DVD advocates is stepping up the pace of sales overseas and penetrating movie rental markets, where VHS is the dominant format.