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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: Panita who wrote (40052)	1/7/1999 11:42:00 AM
From: Jules	Respond to of 119973

Look at OMPT buyout rumors

To: Panita who wrote (40052)	1/7/1999 12:28:00 PM
From: ilh1	Respond to of 119973

Cisco, Hitachi to dive into set-top boxes By Stephanie Miles Staff Writer, CNET News.com January 7, 1999, 7:00 a.m. PT update Cisco Systems, known for its high-end networking gear, is now tackling the home market. Cisco and Hitachi will demonstrate a low-cost TV set-top box offering high-speed Internet access and a host of Web and video features this week at the Consumer Electronics Show in Las Vegas, according to one of their development partners. Also today, Cisco debuted its long-awaited plan to tackle the consumer market. Cisco and Hitachi have developed a reference design for a sub-$500 set-top device capable of offering video-on-demand, voice-over-cable, high-speed Web surfing, and digital cable. It runs on Microsoft's Windows CE operating system, according to Oak Technology, which is providing the graphics and audio technology for the device. Cisco plans to tap the nascent market for home networking equipment, which could link everything from TV sets to furnaces into an integrated household system. The networking giant will first work with service providers to establish high-speed Internet connections into the home. This so-called "last mile" has been a stubborn bottleneck precluding the rapid adoption of movies-on-demand and other services that call for fat data pipes into the home. The company also announced plans to build a high-speed network with General Instrument for AT&T and customers of cable television giant Tele-Communications Incorporated (TCI), which AT&T plans to acquire. The network will use existing cable lines. The system will offer customers the ability to watch television, send and receive faxes, surf the Web, and talk on the telephone. The set-top introduction will be a bold departure for Cisco, known for high-end equipment far from the consumer realm. But the San Jose, California-based company will also unveil high-speed cable and DSL (digital subscriber line) modems. Such consumer devices manifest the force of converging digital technologies, which urges even big and successful corporations to compete in untested fields. In particular, low-cost set-top boxes providing enhanced television and Internet services are expected to be a major source of revenue for cable operators as the mass market for low-end Web devices takes off. Separately, a similar set-top device will be announced today by WebTV, which offers an online service for its set-top boxes, and EchoStar Communications, which offers satellite TV receivers. That product is expected to offer Web browsing and interactive television services. PC maker Gateway will incorporate a version of the EchoStar box to bring satellite transmission capabilities to its Destination line, according to sources.