[00:00:00]Camcorders with no tape.
[00:02:33]Bloomberg Boot Camp, a report on today's technology.
[00:05:58]Consumers with digital still cameras have gotten used to taking still photos without film... using memory cards instead.
[00:12:20]Next up...  high quality video cameras that do away with tape.
[00:16:68]JVC consumer video general manager Dave Owen...
[00:20:06]These are DMC cameras, digital media cameras.
[00:22:70]We're using micro drive, it's a removable hard disk drive.
[00:25:89]It has high capacity, but very small in size. It's similar in size to compact flash.
[00:31:04]It's four gigabytes of memory.
[00:33:40]And what you're able to do is record high quality MPEG 2 recordings, very high resolution video, for sixty minutes of mini DV quality on a very small hard disk drive.
[00:43:71]Sanyo Fisher and Panasonic have flash memory based camcorders... but they take lower resolution video.
[00:49:88]Both the 12 hundred dollar MC 100 and 13 hundred dollar MC 200 from JVC take 2 megapixel still photos as well.
[00:58:59]About a third of the price comes from the 4 gigabyte micro drive.
[01:02:64]Looking to the future...
[01:03:93]We're talking about the new evolution in camcorders.
[01:06:41]This will be the replacement for tape based type cameras.
[01:09:62]But the evolution will be gradual.
[01:11:78]Right now these camcorders only make sense for consumers who are comfortable with video editing on PCs and have the equipment to burn DVDs or video CDs.
[01:21:22]Dragging video files directly onto computers... makes all of that easier and faster.
[01:26:93]Bloomberg Boot Camp, I'm Fred Fishkin.
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