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

To: BillyG who wrote (38352)	1/21/1999 2:14:00 PM
From: Don Dorsey	Respond to of 50808

DirecTV Boosts Hughes Earnings El Segundo, Calif. -- Hughes Electronics Corp. reported Wednesday that its revenues increased more than 16 percent in 1998, due largely to the growth of its DirecTV Inc. direct-broadcast satellite business. Domestic DirecTV revenues rose 45 percent last year, to $1.604 billion, after the company added 1.157 million net new subscribers in the United States. DirecTV's operating loss was $228.1 million in 1998, compared with $254.6 million in 1997. DirecTV revenues for the fourth quarter were up 36.5 percent in 1998 over 1997 figures for the same quarter.