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To: J Fieb who wrote (36885)10/23/1998 6:24:00 PM
From: John Rieman  Respond to of 50808
 
Harris claims 60% market share for Nov. 1 DTV launch.................

semibiznews.com

A service of Semiconductor Business News, CMP Media Inc.
Story posted 7 a.m. EDT/4 a.m. PDT, 10/22/98
Harris sees lower sales and earnings for first quarter
MELBOURNE, Fla. -- Harris Corp.here reported lower sales and earnings for the first quarter, caused in large part by the soft conditions in its semiconductor and communications markets. Orders for the quarter exceeded sales and were higher than the same period last year.

Sales for the quarter were $888 million versus $980 million last year. Net income for the quarter was $42.0 million, or $0.53 per share, before a one-time $13.6 million after-tax provision for a patent litigation judgment. Net income including the charge was $28.4 million, or $0.36 per share.

The weakness in Harris' semiconductor and communications offset gains of 11% in the Lanier communications group. The Semiconductor Sector reported sales of $143 million, with net income of $9.1 million for the quarter. Industry-wide pricing pressures and soft demand for commodity-type semiconductors contributed heavily to the sector's sales decline, the company said.

The Communications Sector reported sales of $203 million, as weakness in the international economy reduced demand and dampened pricing for some of the sector's key products. Net income was $7.2 million, before the one-time provision for a patent litigation judgment. The sector has positioned itself well as the early conversion to digital television (DTV) gets underway, capturing more than 60% of the new digital television transmitters scheduled to begin broadcasting Nov. 1.



To: J Fieb who wrote (36885)10/23/1998 6:26:00 PM
From: J Fieb  Respond to of 50808
 
DIVI, you ought to think about getting one of these co. before Lucent does.........

On the Lookout for Lucent's Cable Play

Wherever AT&T goes, Lucent Technologies Inc. is sure to follow.
With Ma Bell buying TCI, Lucent needs to make a DOCSIS
headend equipment play fast. Under the terms of its separation from
AT&T, Lucent is barred until October 1998 from engaging in
pooling-of-interest mergers, an acquisition approach that minimizes
earnings dilution.

Now that October is here, broadband access should be on Lucent's
shopping list. The problem is, there are not many players available
with strong DOCSIS cable modem termination system (CMTS)
products. Here's our list of cable modem developers that are likely on
Lucent's radar screen for an alliance or acquisition: Com21 Inc.,
Hybrid Networks Inc., Phasecom Inc., Terayon Communication
Systems Inc., NetGame Cable, and Motorola Inc.'s cable modem
unit.