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Technology Stocks : Pinnacle Micro - Are they shipping Apex yet?

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To: Tamar Mikaelian who wrote (18)5/27/1996 11:34:00 AM
From: Zam   of 40
 
I heard it on television channel 19 in L.A someone who reccomended the stock
said that it is a candidate to be taken over by one of the bigger companies tha
currently only have magnetic storage devices. Optical storage is (according to
him and also according to the company itself) the way of the future. It is a LOT
faster, Media is larger and cheaaper, however the cost of the drive itself is a
little high in my opinion. (for regular Joes like me and you) but they tell me
(Pinnacle Micro) that they target largge companies and governments all over
the world. Since they have little competition in this aren, and the price being
high (but low compared to their competition) they can make lots of mone
when their 4.6G drive ships. I personally think that their $1499 drive2.6G is
too closely priced to the coming 4.6G drive at $1699. I really believe that this
stock will be much higher in the future , just like IOMEGA.
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