Innovacom (MPEG), [announced single chip MPEG-2 encoder] Message Board

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Technology Stocks : Innovacom (MPEG), [announced single chip MPEG-2 encoder]

MPEG 0.000200

0.0%

Jan 9 9:30 AM EST

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To: Yak-attack who wrote (6251)	2/8/2000 2:43:00 AM
From: SidStock	Read Replies (1) of 6297

In at 0.17, out at 0.94. I look to re-enter it once volume and buying dries up, and this comes back under 0.50. Its still a big gamble with $9.5M in debt, and almost no assets, revenue or spending on r&d. Its amazing they can even make payroll sometimes. One tiny recommendation after volume has been increasing smells like manipulation... i dont see what will hold this stock up once you really take a look at their current balance sheet. They need some big orders to really start generating some cash flow. If we dont get any more positive data, i think this is headed back down. SStock

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