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Technology Stocks : Innovacom (MPEG), [announced single chip MPEG-2 encoder]
MPEG 0.0001000-50.0%Aug 29 1:17 PM EST

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To: B-MAN who wrote (3442)6/27/1997 11:05:00 PM
From: Alex Dominguez   of 6297
 
for everyones info:

Subj: Re:NY PRESENTATION
Date: 97-06-27 07:25:58 EDT
From: SKuretsky

They had two sessions in NY: at 1:00 and 4:30

I was at 4:30 session. There was about 25 - 30 people in the audience...
when I left at 6:30... the talking was going on...
I will post this evening more info... for now just the following:

- 21m shares outstanding
- company has no debt
- financing for 15 mil will be concluded in Sept
- foundry announcement early next week (could be Monday)
- margins on boards (you would not believe it !) as hi as 75% ; chips - 85%!!! wow!
- earnings for 97 - 8 mil
- Siera already making money

I had a chat with Mark Koz, Rod Mailer(Bus. Development) and Jim Anderson
Left with a good impression... I think we have a winner here

A guy(VP/investment) from the First Albany mentioned to me that the company has a big
potential...

Later....

Regards,

Sam
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