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Technology Stocks : ESST-the new beginning. -- Ignore unavailable to you. Want to Upgrade?

To: Ram Seetharaman who wrote (2286)	1/20/1999 3:13:00 PM
From: Steve Reinhardt	Read Replies (2) \| Respond to of 3493

Ram, Forbes published an article praising the MPEG-2 product/technology companies that probably causing them to go up today. Judging by PHG 78 1/8, + 5%; STM 94 3/4, +4%; CUBE 30 1/2 +4%; only BRCM 127 1/8, -2% (because BRCM is over priced ), however, ESST was not mentioned, ESST 7 5/8, +2% The magazine fails to point out that ESST has been shipping MPEG-2 based SVCD since 3Q, 1998 in millions of quantities. And it has the 2nd largest market shares of MPEG-2 decoder in Chinese market. (Well, Fred thinks ESS has the largest MPEG-2 decoder(SVCD) market share in China, let us hear what he has to say on 1/27 next week.) Steve attached: "... MPEG-2 Chipmakers Are Solid Bet For Coming DTV Explosion - Report Newstraders - January 19, 1999 11:47 (NewsTraders.com)-- Integrated circuit (IC) manufacturers that product the MPEG-2 chips are a solid way to play the impending explosion of digital television, or DTV, according to Forbes. Highlights: - Companies that build MPEG-2 chips are "the crucial linchpin behind all the hardware, cable transmission and content that make up DTV," Forbes said. - The MPEG-2 compression specification was universally adopted in order to create a global standard for the transmission of digital pictures. - Philips Semiconductors (PHG), STMicroelectronics (STM), Cube Microsystems (CUBE), and Broadcom (BRCM) were listed as companies that are leaders in the MPEG-2 market. ..." Steve