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To: Rosemary who wrote (16082)2/20/1999 12:01:00 AM
From: MileHigh  Respond to of 93625
 
Sony to unveil new PlayStation?

By Bloomberg News
Special to CNET News.com
February 19, 1999, 12:00 p.m. PT

Sony said it will hold an event next month to commemorate global shipments of 50 million PlayStations, bolstering speculation the company may unveil the much-awaited successor to the world's best-selling video game player.

Sony Computer Entertainment, the Sony subsidiary which makes the PlayStation, today announced it will host the gathering in Tokyo on March 2.

A spokesman said "PlayStation Meeting 1999" will be attended by Sony executives and representatives of software developers, but refused to say whether the company will show a prototype of the next-generation PlayStation.

Several online game magazines have suggested that the event, to which local media organizations have been invited, may be a look ahead rather than look back.

"The speculation is, 'Yeah, maybe they're going have to a party to celebrate the shipment of 50 million units, but we all know they're going to show PlayStation 2 there,'" said Lisa Spicer, an analyst at WestLB Securities Pacific.

Spicer said she was skeptical, however, that Sony was ready to make a formal announcement that risks cutting short the current PlayStation's life span.

While Japanese sales are declining, an increasing number of U.S. and European consumers bought the game during the October-December quarter, prompting Sony to boost its full-year forecast for global shipments to 22 million units from 21 million.

Copyright 1999, Bloomberg L.P. All Rights Reserved.