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Technology Stocks : VTEL: Anyone else follow this?

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To: Yeadon who wrote (680)7/29/1997 1:52:00 AM
From: E_K_S   of 1214
 
Yeadon - I believe this is an important point regarding the CLIX technology. I really do not know what to believe now as I had confirmation from two independant sources (within the last four months) that (1) CLIX was developing 'next generation' video conferancing technology...that would 'leap frog' the industry and (2) it would be available by Q4 1997 (no sooner).

Do you think the CFO may be down playing this until they have the product ready for release and through the beta tests?

I am not sure what to believe at this point with the new management. I understand that one of the main reasons for the merger was for the acquasition of this technology. I know that CLIX has spent a lot of money on R&D in the last 18 months and would sure hate to see this investment wasted.

EKS
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