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FLORIDA’S VOICE IN ELECTRONICS "WATTS CURRENT" is the official newsletter of the Florida Electronics Sales & Service Association, Inc. and is published bi-monthly. EMAIL: fesa@fdn.com We Support NESDA Awarded Best State Publication 1993,1996 & 2000 |
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FESA or Watts Current neither endorses any company, product or service - nor guarantees the validity of statements made in any advertisement - appearing in any advertisement or article included in this publication. Watts Current is published bi- monthly. All articles to be published in "Watts Current" must be received by John Eubanks, Editor, 5323-3 Firestone Rd., Jacksonville, FL 32210 by the following dates: 2/15, 4/15, 6/15, 8/15, 10/15, and 12/15 in order to be printed in the next newsletter. Otherwise, they will be published in the following issue, as appropriate. Please send any inquires or comments to the Editor. Please excuse any grammar or punctuation errors you may find as this newsletter is entirely composed and published by association volunteers. |
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| President's Message Members and Friends, What a delightful meeting we enjoyed at the home of Kristine and Joe Fowler on Saturday, June 19th, 2004. The food was outstanding and the fellowship was on an equal par. We are indebted to Billy Williams, Bobby Williams, Kristie and Joe Fowler for hosting our events with such warm hospitality. It simply doesn’t get any better than the way they do it. We appreciate their help more than we are ever able to express. We are also indebted to all the ladies who brought those desserts. They were the kind that made you sample some of them all, then work hard to get back on your diet. The summer is here and the lightening has arrived, hopefully it will be a season that puts us all back to work again. It had been rather slow this spring for many of our members. The diminishing product price structure for so many products has removed many from our service menu. Although some may cling to continuing service on these inexpensive products such as VCRs, CDs, DVDs, and small screen TV’s, they have simply become unprofitable for most and thus service for them has been abandoned. It is hard to justify servicing equipment when the service manual costs more than the product. About as smart as counterfeiting pennies. Time flies when you’re having fun and we find ourselves looking forward to our National Professional Service Convention, once again. It will be quite a different experience for me this year, actually participating in some of the meetings that I used to only hear about. Never quite know what to expect next. I want to personally express my sympathy to Margaret Winchel and her family as they face these days with sorrow over the loss of Don Winchel. Don and Maragaret were the first family we met and hung with at so many of our previous conventions. It will be difficult not to see him there. May God bless them and comfort them all and us too. Sincerely, Pat Eubanks President FESA |
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| Father's Day Ana Jarvis, from West Virginia, began the efforts to establish our national Mother's Day in 1907. She influenced her mother's church in Grafton, West Virginia to hold a Mother’s Day celebration on the anniversary of her mother's death. Afterwards she began a letter-writing campaign to ministers, businessmen, and politicians for support of a national Mother's Day. Years later President Woodrow Wilson made it official proclaiming Mother's Day a national day of recognition in 1914 that was to be held annually on the 2nd Sunday in May. Over a decade later disappointed by the commercialization of the event she unsuccessfully campaigned to abolish it. Sonora Dodd, from Washington State, began the idea for a Father's Day observance while attending a Mother's Day sermon in 1909. She wanted to honor her father, William Smart. He was a Civil War veteran that was widowed when his wife died giving birth to their sixth child. After She grew up she became more aware of the unselfishness her father possessed to raise his children as a single parent. He met each difficulty intended to be borne by two through personal sacrifices to accomplish this God given responsibility. In the eyes of his daughter, he became her most courageous, selfless, and loving man. He was born in June, so she wanted to hold the first Father's Day celebration on the 19th of June 1910, which was his birthday, in Spokane, Washington. By 1924 President Calvin Coolidge, supported her idea for a national Father's Day. President Lyndon Johnson changed the day for observance in 1966 with a presidential proclamation declaring the 3rd Sunday of June to be Father's Day. Where could the idea to honor your Mother and Father ever have originated? It’s no coincidence that Daughters in this country started both. Surely Mothers had to be chosen first because that is what a family is all about, taking care of Mom and the children. Any Father worth his salt knows this. If Mom ain’t happy, ain’t nobody happy! Most Fathers receive cards and enjoy meals with their family and appreciate them very much. What we don’t expect are the special things our families do to show their love for us on this day. This year my family joined together to give me a nice new recliner. They had shopped extensively to ensure that it was comfortable with room enough for my dog, a fat Schipperke, to lie by my side as she often does. They have often heard me proclaim, my belly may be fat but my butt is skinny. So our son in law was taken all over town, to butt check each potential purchase. After the purchase they tried to arrange for delivery while we were at church. As you may correctly guess, it didn’t get delivered when planned, but it did arrive early Sunday morning just before we left for church services. When we returned home after my elder Son arrived he with the help of my Son-In-Law, removed that old chair I had used over the years, which was a hand-me-down from a niece, then positioned that brand new one in the same room and spot for me. I noticed as I sank into this plush new chair, with most eyes in my family carefully affixed upon me seeking a true indication of my perception for this gift a bunch of anxious curiosity. I think every Father knows the gazes I’m talking about, because they expect you to say how great it is regardless of any reservations, but somehow they know that real time facial expression will betray many kind words and is the better measure for true appreciation. I watched relief spread across every face in the room as this plush chair cradled my old body and I smiled. I knew instantly they understood just how much I appreciated their gift and loved each of them by those warm returned smiles. I’m just an old man that could have been happy in a high back rocker with a worn out straw bottom, lucky enough to inherit a fine hand me down recliner, now in my own home, snuggled up in this plush new chair, that came complete with so much family love. Didn’t think it could get any better. After enjoying a meal prepared by this loving family, until I read the card from my youngest Son, who was away, with the Naval Reserve in Sicily. He had taken the time to write down some thoughts he had, growing up as my Son and how much they have changed over the years. He told me, once he thought a neighborhood friend was luckier than him, because his friend’s Father was a minister and often took time with his family, visiting theme parks where he was invited to accompany them. He wished he had a father more like his friend. How he so often disagreed with my conservative approach. I routinely cautioned of the worst rather than assuming the best for him. He took the time to tell me, that he realized he had been wrong. Now he understood most of the time I had it right always putting his best interest first while his friend’s Father had it wrong living for the moment. He went on to say how he now knew he had the best Father, a Son could wish and understood that my duty in the Navy, didn’t allow for all the time at home he desired but I had always been there for him whether at home or by personal example when many miles away. Now with my old body relaxing in so much love from my family’s splendid gift, my heart quickly overflowed with all the love found in my youngest Son’s words even though he was thousands of miles away. Thankfully no one saw the tears in my eyes, because I taught them dads don’t cry. Editor Watts Current |
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| 2004 FESA-Jax Picnic Like they say, if you missed this you missed a good one. On Saturday, June 19th, we were treated to an outstanding afternoon of fellowship and food, hosted by Billy Williams and held at Joe and Kristy Fowlers home in Jacksonville. We had a good turn out with the pleasure to be with Candy and Larry Scott of Lakeland, FL along with Carolyn Hemmingway and family plus Bruce Jarrett and his three children. Doug Freeman was the hit of the day arriving by boat. He had to give every kid in attendance a boat ride in that boat. Our grandson had to ride before the afternoon showers finally arrived to spare Doug from those duties. The food as usual was outstanding as the same caterers were used that catered our Barbque outing in March that Kristy and Joe so graciously held at their home. We had the same items on the menu, double barbeque ribs, sliced pork and barbeque chicken with potato salad, fried corn on the cob, coleslaw, barbeque beans, garlic bread and soft drinks. There was a big bowl of banana pudding along with many other outstanding desserts provided by the ladies. Ethan and Viola Allen coordinated this event and as usual did an outstanding job. Unfortunately Ken and Jo Cisson were unable to attend because of the deteriorating health of Ken’s mother. We missed George and Marge Bluze who were also unable to attend. I had the privilege of swearing in the new Officers, who are President Neil Mengel, Vice President Douglas Freeman, Treasurer Jim Smith and Secretary Ethan Allen. A plaque was presented to our outgoing FESA-Jax President Joe Moses. The officer installation was proceeded by an auction that provided a substantial sum to be placed in the FESA-Jax treasury. Afterwards everyone departed for home, with full stomachs and very fond memories of an enjoyable afternoon. 6/21/04... Editor Watts Current |
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| WHY? That’s a very common question for a Technician and usually when they have this answer their job is done, but sometimes we may never know the answer. We were working on a couple of Hitachi models that had failures with similar problems. The first was a 43FDX01B that clicked and would not come on. The other was a 53FDX01B that had only the red external power led, illuminate when given the command to turn on. Both had the DP05 chassis. As usual when these units were taken in for service the remote was not left with either at the service center. Didn’t think too long about that at the time. The first unit had an IFT failure and was pulling 500W and still increasing when it shut off. Found the IFT/TH01 defective causing the problem and moved on to the next unit, kind of suspecting the same problem, since these things seem to occur in bunches. That didn’t turn out to be the case. This unit had a power supply regulator failure and replacing the regulator IC, IP01 (STRF-6629B) along with the circuit protector E991 returned the set to normal operation. With a feeling of success we commenced to check the overall operations for the unit. Without the proper remote, we used the control buttons on the cabinet. Ironically there is a menu button on the cabinet that we were able to access to make our selections, however we couldn’t alter any settings for any function because, no select button was available on the front that allowed us to do this. Why would you make something with redundant access then leave or overlook providing the one you really need to actually alter a setting? Couldn’t have been to save money by excluding additional parts because if that were the reasoning it would be foolish to add the cost for the menu function switch. It is frustrating to display something that you know you can’t alter. Even a design engineer isn’t that foolish. I know the solution recommended by its producer is simple, buy a remote for service purposes. If we did this we would accumulate quite a sum invested in all those different brands and model remotes. Our solution was to get the remote from my Hitachi at home then use it to complete the job. Write this article and wait for someone to tell me how I could have done this otherwise and all this information is available on the net. Editor Watts Current |
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| Hitachi Announces Exclusive Distributors By Greg Tarr -- TWICE, 6/30/2004 12:31:00 PM San Diego, Calif. — Hitachi America’s home electronics division recently reached exclusive U.S. distribution agreements with regional distributors CineLight, Autco, Fagan and Electrograph. Hitachi said the agreements give the four distributors sole United States distribution rights for Hitachi’s consumer electronics products — including CRT and LCD rear-projection television, plasma televisions and DVD products. "The organizations named as exclusive Hitachi distributors are the best in the business and will better equip us to meet the changing sales dynamics of the market," said Rick Stans, Hitachi sales’ senior VP. "We are extremely confident that these partnerships will provide us with a more strategic alignment to both audio/video specialty distributors and CEDIA members." Each distributor has exclusive rights to a designated geographic region. Electrograph will serve eastern states including Maine, Vermont, New Hampshire, Massachusetts, Rhode Island, Connecticut, New York, Pennsylvania, New Jersey, Delaware, West Virginia, Virginia, Washington, North Carolina, South Carolina, Georgia and Florida. Autco will handle southern states including Kentucky, Tennessee, Alabama, Mississippi, Louisiana, Arkansas, Missouri, Kansas, Oklahoma and Texas. Fagan will serve northern states including Ohio, Michigan, Indiana, Illinois, Wisconsin, Minnesota, Indiana, Nebraska, South Dakota and North Dakota. CineLight will serve Western states including California, Oregon, Washington, Idaho, Nevada, Arizona, Montana, Wyoming, Colorado and New Mexico. Autco was started in 1970. It is a diversified Midwestern sales company. Main offices are in St. Louis. Autco has sales representatives and offices in Kansas City, Mo.; Springfield, Ill.; Wichita, Kan.; and Omaha, Neb. Autco has specialized sales divisions for consumer electronics (home and car) products; St. Louis homebuilder services (one-stop shop); new car dealer automotive expediter services; and institutional sales. Their divisions are individually staffed and managed for the needs of the dealers and customers in each field. CineLight is a leading edge, value-added distributor for plasma monitors, LCD flat-panel televisions, LCD/DLP home theater projectors and other advanced display technology products and accessories selling to home theater designers/resellers. The company has established distribution agreements with leading manufacturers, including Hitachi, JVC, Pioneer, Zenith, Philips and InFocus. The company sells exclusively to authorized resellers concentrating on solidifying their network of "residential systems integrator" companies who specialize in the design and installation of custom home theaters and home media networks. CineLight can be contacted through its Web site at www.CineLightCorp.com or by calling 866-246-3544. Electrograph Systems was founded in 1983 as a national value-added wholesale distributor of display solutions. It claims to be the largest wholesale distributor of plasma display monitors in the United States. The distributor offers a broad selection of display products for U.S. retailers, dealers, resellers and system integrators and other international market sectors. Key products include LCD flat panel TVs and PC monitors, CRT and plasma display monitors, portable and fixed installation projectors, DVD players, LCD front projectors, touch screen monitors, custom integrated solutions and factory authorized service and repair. Electrograph also manufacturers a line of LCD flat panel, CRT and plasma display monitors. The company’s headquarters are in Hauppauge, N.Y. with branch offices throughout the U.S. It can be contacted at (800) 776-5768 or through the Electrograph Web site at www.electraph.com. Fagan, which was originally founded in 1911, now specializes in distribution of high performance products including audio, video, television, HDTV, home theater furniture and audio/video accessories as well as appliances. Fagan serves a broad range of regionally located dealers, including appliance, hardware and department stores, builders, mass merchants, car audio specialists, regional chains and audio/video retailers. Headquartered in New Berlin, Wis. with additional facilities in Crystal, Minn., Fagan emphasizes constant product training and outside dealer events to promote sell-through and build on its long-term supplier partnerships, many of which run 30 years or more. |
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| REQUEST FOR FESA MEMBERSHIP DATE_________ NAME_________________________________ COMPANY NAME________________________ ADDRESS_______________________________ CITY/STATE_________________ZIP_________ PHONE NO.______________________________ NO.OF EMPLOYEES_____________ Dues Per Year: 1 Person Service Center= $25.00/ 2/3 Person Service Center=$30.00/ 4/6 Person Service Center=$35.00/ 7/9 Person Service Center=$40.00/ 10 & up =$45.00. This rate schedule is for independent membership and may be affected by a chapter or affiliate in your region. Please include your dues with your completed application, this will constitute your agreement to abide by the Constitution and BY-Laws of FESA. Members will continue to receive Watts Current. For a Non Member Watts Current Subscription Only. Include your check for $12.00, write Watts Current subscription on this form and return it to: Billy F. Williams EHF 1409 Glendale Rd. W. Jacksonville, FL 32216 Phone: (904) 725-9789 |
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| Industry Member Updates June 18, 2004 Don Winchel CET/EHF passed away at his home: It is with heavy sadness that I receive news of the passing of Don Winchel CET/EHF. Although somewhat short in statue he was a giant worker for our Associations over the years. We are better associations because of the contributions from this man. I first met Don while he was leading our ISCET Product Service Inspection program and had the fortune to become good friends with he and his wife Margaret. I have never known the time when he was not working for our associations in some capacity or another. He always promoted our associations everywhere he went. He served in many capacities, the latest was managing the ISCET FCC examination efforts and ISCET nominating chairman. These were even accomplished after suffering a stroke while rehabilitating himself. I don't know where nor how we find such outstanding people. I just know he will be missed greatly by our associations. I recall seeing him struggle to get to the next meeting, with his walker, or in his wheelchair, but he always got there. He was always positive in his outlook and I remember many conversations with his favorite reply to encourage others, "You betcha." So lacking the words to appropriately express the loss we and all his family feel, as we ponder how to continue without him, asking can we make it, I can almost hear him say, "You betcha." May God grant him rest with comfort for all his family. Dorothy Cicchetti EHF/ continues her recuperation at home: After her recent abdominal surgery, Dorothy has returned home to continue healing while undergoing therapy. She is having a difficult recovery period and appreciates all the prayers and concern. She is scheduled to have more surgery in the near future as soon as her recovery will allow it to be done. Please keep her in your prayers and take the time to let her know that we care. Doug Freeman NESDA Region Director and FESA-JAX VP, Had surgery on his left arm 7/1/4 to correct a problem with damage incurred while handling a large direct view TV. Lets pray for him to have a speedy full recovery and be profitable enough to pay his doctor bill. Get well Doug, we love you man! The National Electronics Industry Hall of Fame is pleased to announce its 2004 honorees, as follows: John Eubanks CET, Quality TV, Jacksonville, FL; Walt Herrin, Hitachi America Ltd./Home Electronics Division, San Diego, CA; Malcolm "Gerry" McCann CET/CSM, McCann Electronics, Metairie, LA; George Weiss CSM, Bell Television, Inc., Chicago, IL; Fay Wood, SatisFusion, Inc., Long Beach, CA. NESDA and ISCET congratulate these outstanding individuals who were nominated by the electronics community at large, and voted on by the living members of the Hall of Fame. An induction ceremony and presentation of a plaque recognizing their achievements will be held during NPSC Editor Watts Current |
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| Electronic Home Entertainment Equipment Installers and Repairers Significant Points: * Employment is expected to grow more slowly than the average for all occupations, because it often is cheaper to replace equipment than to repair it. * Job opportunities will be best for applicants with knowledge of electronics and with related hands-on experience. Nature of the work. Electronic home entertainment equipment installers and repairers, also called service technicians, repair a variety of equipment, including televisions and radios, stereo components, video and audio disc players, video cameras, and video recorders. They also install and repair home security systems, intercom equipment, satellite television dishes, and home theater systems, which consist of large-screen televisions and sophisticated surround-sound audio components. Customers usually bring small, portable equipment to repair shops for servicing. Repairers at these locations, known as bench technicians, are equipped with a full array of electronic tools and parts. When larger, less mobile equipment breaks down, customers may pay repairers to come to their homes. These repairers, known as field technicians, travel with a limited set of tools and parts, and attempt to complete the repair at the customer’s location. If the job is complex, technicians may bring defective components back to the shop for thorough diagnosis and repair. When equipment breaks down, repairers check for common causes of trouble, such as dirty or defective components. Many repairs consist simply of cleaning and lubricating equipment. If routine checks do not locate the trouble, repairers may refer to schematics and manufacturers’ specifications that provide instructions on how to locate problems. Repairers use a variety of test equipment to diagnose and identify malfunctions. Multimeters detect short circuits, failed capacitors, and blown fuses by measuring voltage, current, and resistance. Color-bar and dot generators provide onscreen test patterns, signal generators to test signals, and oscilloscopes and digital storage scopes to measure complex waveforms produced by electronic equipment. Repairs may involve removing and replacing a failed capacitor, transistor, or fuse. Repairers use handtools such as pliers, screwdrivers, soldering irons, and wrenches to replace faulty parts. They also make adjustments to equipment, such as focusing and converging the picture of a television set or balancing the audio on a surround-sound system. Various organizations offer certification for electronic home entertainment equipment installers and repairers, including ACES International, the Custom Electronic Design and Installation Association, the Electronic Technicians Association International, and the International Society of Certified Electronics Technicians. Repairers may specialize in a variety of skill areas, including consumer electronics. To receive certification, repairers must pass qualifying exams corresponding to their level of training and experience. Experienced repairers with advanced training may become specialists or troubleshooters, helping other repairers diagnose difficult problems. Workers with leadership ability may become supervisors of other repairers. Some experienced workers open their own repair shops. Job Outlook Employment of electronic home entertainment equipment installers and repairers is expected to grow more slowly than the average through 2012, due to decreased demand for repair work. In addition to job openings arising from employment growth, some will also result from the need to replace workers who retire or who transfer to higher paying jobs in other occupations requiring electronics experience. Opportunities will be best for applicants with hands-on experience and knowledge of electronics. The need for repairers is expected to grow slowly because home entertainment equipment is less expensive than in the past. As technological developments have lowered the price and improved the reliability of equipment, the demand for repair services has slackened. When malfunctions do occur, it often is cheaper for consumers to replace equipment rather than to pay for repairs. Employment growth will be spurred somewhat by the introduction of sophisticated digital equipment, such as DVDs, digital televisions, and digital camcorders. So long as the price of such equipment remains high, purchasers will be willing to hire repairers when malfunctions occur. Earnings Median hourly earnings of electronic home entertainment equipment installers and repairers were $13.08 in 2002. The middle 50 percent earned between $10.20 and $17.00. The lowest 10 percent earned less than $8.18, and the highest 10 percent earned more than $21.48. In 2002, median hourly earnings of electronic home entertainment equipment installers and repairers were $12.73 in electronics and appliance stores and $11.99 in electronic and precision equipment repair and maintenance. Related Occupations Other workers who repair and maintain electronic equipment include broadcast and sound engineering technicians and radio operators; computer, automated teller, and office machine repairers; electrical and electronics installers and repairers; and radio and telecommunications equipment installers and repairers. Reprinted from U.S. Labor Department Report. |
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| FESA SERVICE INVOICES PRICE LIST - MEMBERS ONLY INVOICES ARE CARBON FOUR PART WITH CLAIM AND HARD FILE COPY ZONES 4 & 5 #1 (SMALL) 1000 2000 3000 4000 5000 63.50 125.00 183.00 218.00 275.00 IMPRINT 1000 2000 3000 4000 5000 26.50 48.00 69.00 85.00 102.00 Sub Total 1000 2000 3000 4000 5000 90.00 173.00 252.00 303.00 377.00 S/C 1000 2000 3000 4000 5000 7.50 12.50 15.00 20.00 22.50 TOTAL 1000 2000 3000 4000 5000 102.50 190.50 272.00 328.00 404.50 UPS PREPAID FREIGHT COLLECT Please note: The price increase announced previously is now in effect. We delayed the increase until the forms previously contracted have been depleted. All form requests from this time forward will be at the posted prices, freight collect. We no longer have a supply of the LARGE invoices. We are in the process of locating new a source for our large invoices. Until we find a new source the FESA-Large invoices are NO Longer Available. NEW ORDERS TAKE 3 TO 4 WEEKS --- INCLUDE IMPRINT INFO WITH CHECK REPEAT ORDERS TAKE 2 TO 3 WEEKS RUSH ORDERS WILL NOT BE PLACED UNTIL I RECEIVE YOUR CHECK! MAKE CHECK PAYABLE TO F.E.S.A ALL SERVICE INVOICE ORDERS SHOULD BE MAILED WITH YOUR CHECK DIRECTLY TO THE FESA TREASURER: Mr. Billy F. Williams EHF 1409 Glendale Rd. W. Jacksonville, FL 32216 Phone & Fax: (904) 725-9789 NOTE: Small Invoices are 5:5/8"W X 9:1/8" H / You must be a Member of FESA to order forms from FESA. |
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| Industry Update UPS Aids E-Waste Management Atlanta -- United Parcel Service Inc. is creating a service to help manage and dispose of used electronics, or e-waste. Through the UPS Supply Chain Solutions´ Asset Recovery and Management service, the company will oversee the repair, recycling or disposal of such electronics as computers, cell phones and printers in an environmentally sound manner. The service is designed to provide companies with a single point of contact, enhanced visibility and tracking and governmentally compliant documentation, according to UPS.UPS Supply Chain Solutions, through its vendors, also offers resale and remarketing services on behalf of companies for their used electronics. The company's distribution facilities will serve as consolidation points for used electronics. From WASTE AGE WIRE If you want to view this on the web go to: http://enews.primediabusiness.com/enews/wasteage/v/102 2004 Comdex Cancelled By Doug Olenick -- TWICE, 6/24/2004 9:15:00 AM San Francisco — Trade show organizer MediaLive International has announced it has cancelled Comdex Las Vegas 2004. The show, once one of the largest trade events in the world, was scheduled to be held November 14 – 17. MediaLive called the cancellation a "postponement" and said that the event would be reorganized and relaunched in November 2005. In 2003, the show attracted about 40,000 attendees and 550 exhibitors, according to MediaLive. This is a far cry from what took place during Comdex’s heyday in the mid-1990s. Then, 200,000 people would swarm into Las Vegas and the Las Vegas Convention Center would dedicate all its 1.2 million square feet of floor space to the show. Cash rich companies IBM and Microsoft attempted to outdo each other by hosting lavish parties for thousands of guests that would include big name entertainment. At its height, the show would almost overrun Las Vegas with tech heads and vendors along with retail and corporate buyers, making it almost impossible to get a dinner reservation and making hour-long cab line waits the norm. The show was considered so important that industry giants like Microsoft’s Bill Gates and Scott McNally, Sun Microsystem’s CEO, were perennial Comdex keynote speakers, and it was the place for all the major IT product launches. The show, which was launched 1979, started to show some wear and tear with the bursting of the tech bubble. However, the September 11 terror attacks two months prior to the 2001 show put the event into a downward spiral from which it could not recover. With attendees afraid to travel, the show drew barely 30,000 people, and vast portions of the Las Vegas Convention Center were almost empty. Key3Media added to Comdex’s woes when it filed for Chapter 11 bankruptcy protection in 2002, and the show was faced with competition from a competing show organized by JupiterMedia called Computer Digital Expo that was held last year at the Mandalay Bay Convention Center. Key3Media sold the show to MediaLive last year. The COMDEX staff said it would contact all confirmed sponsors, partners, exhibitors, speakers, vendors and attendees individually to inform them of the postponement. All other scheduled MediaLive produced events, seminars and programs will be convening as planned, including COMDEX Brazil, COMDEX Korea, COMDEX Scandinavia, COMDEX Saudi Arabia and COMDEX Greece. Gemstar-TV Guide Reachs $10M Settlement With SEC By Jeff Malester -- TWICE, 6/24/2004 6:56:00 AM Los Angeles — Gemstar-TV Guide International has reached an agreement with the Securities and Exchange Commission, resolving the SEC's investigation into the company for violating certain public reporting, record keeping and internal controls requirements. The complaint against Gemstar said the company inflated revenue by about $250 million or the period from 1999 through 2002. Under terms of the agreement, Gemstar will pay a civil penalty of $10 million, without admitting or denying the allegations. The funds, which have already been set aside, will be distributed to shareholders. The SEC had filed a lawsuit against Gemstar Wednesday, then agreed to settle. The revenue had been inflated, said investigators, by the company recording revenue from expired or contested licensing agreements. Gemstar, which offers technologies, products and services targeted at the television guidance and home entertainment needs of consumers, offers interactive program guide services and products. EL SEGUNDO, CALIF. — One day after DirecTV's vice chairman Eddy Hartenstein announced his resignation from TiVo's board, his direct broadcast satellite company said it has sold its stake in the digital video recorder (DVR) company. DirecTV sold all of its 3.5 million TiVo shares. TiVo share prices dropped 14.5 percent by the end of the day to $6.41. Meanwhile, TiVo announced plans for new services and pricing, as well as providing its video recording service for content delivered via high-speed Internet connections. The new proposal would, in effect, make TiVo a competitor to DirecTV and other satellite and cable services. The TiVo sale follows the sell-off of other non-core assets under the new ownership of News Corp. The DirecTV Group recently sold off the set-top box business of its Hughes Network System unit to Thomson. Despite the sale, DirecTV said it maintains a strong working relationship with TiVo. Approximately 196,000 new TiVo subscribers out of 264,000 added in the last fiscal quarter were DirecTV customers, and TiVo has a total of about 900,000 DirecTV subscribers using its service. Although TiVo is under contract to supply DVR technology to DirecTV through 2007, some industry observers have speculated that News Corp. would eventually move to use DVR technology developed under its own NDS subsidiary. So far DirecTV has not announced any interests in using DVR technology other than TiVo's. Twice magazine 6/22/04 |
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Nashville, TN July 27th - August 1st 2004 NPSC 2004 Tentative Agenda
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| Tid-Bits I don't do drugs. I get the same effect just standing up fast. I live in my own little world. But it's OK. They know me here. I don't approve of political jokes. I've seen too many of them get elected. I love being married. It's so great to find that one special person you want to annoy for the rest of your life. A good friend will come and bail you out of jail...but, a true friend will be sitting next to you saying, "Damn...that was fun!" I signed up for an exercise class and was told to wear loose-fitting clothing. If I HAD any loose-fitting clothing, I wouldn't have signed up in the first place! When I was young we used to go "skinny dipping," now I just "chunky dunk." Don't argue with an idiot; people watching may not be able to tell the difference. Just remember...if the world didn't suck, we'd all fall off. Why is it that our children can't read a Bible in school, but they can in prison? Some mistakes are just to much fun to make only once. Wouldn't you know it...Brain cells come and brain cells go, but FAT cells live forever. Why do I have to swear on the Bible in court when the Ten Commandments cannot be displayed in a federal building? Arthur unknown... found in email from a friend….I think! |
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