Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Sony Corp - Sony -- Ignore unavailable to you. Want to Upgrade?

To: Money Maker (MM) who wrote (66)	4/8/1999 11:05:00 AM
From: Don Dorsey	Read Replies (2) \| Respond to of 497

This is a few weeks old, but gives good insight into the first quarter results. <<<<<<<<<<<<< Video Sales Remain Strong VCR Sales Set All-Time Record for January Arlington, Va., March 17, 1999 - According to figures released today by the Consumer Electronics Manufacturers Association (CEMA), video sales remained strong in February with sales of total video hardware exceeding 3.3 million pieces - up 6 percent over last February. Year-to-date video sales are up 11 percent with 6.5 million units sold so far this year. Strong growth continued across video categories during February, with VCR decks up 8 percent from last year with monthly sales of 1.2 million units. TV/VCR combination sales reached 249 thousand units in the month, surpassing last February by 40 percent. Thanks to great sales in January for these categories, year-to-date comparisons for VCRs and TV/VCR combinations are even more impressive with 18 percent and 54 percent increases, respectively. In a different scenario, projection television sales shot up more in February than in the previous month, climbing 39 percent in February to 83 thousand units, placing the year-to-date sales 16 percent ahead of last year. Direct view color televisions and camcorders were off 3 percent and 5 percent respectively in February, but the product segment for large screen TVs (30Ó and higher) rose 14 percent. Year-to-date sales of TVs are comparable to 1998 sales, with a very respectable 2.9 million units sold in just the first two months of the year.