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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: Ron Mayer who wrote ()9/23/1996 3:55:00 PM
From: Gary Martin-Ranft   of 6297
 
I first heard of this company in the Blechman Report in the AmericanWay (American Airlines magazine. From there I did some checking and found some information in the Wall Street Journal Company Briefing Book, the Blechman Report (www.stockup.com), and found some charts on the stocks performance on Barron's On-Line. (It was in the $2.00 range in July, it has made it was upto 5.50 by 9/20/96.) The company has only been in existence since early '96. Innovacom design's, maufactures, and markets MPEG-2 chips. They are located in Santa Clara, California. Innovacom claims to have more than 20 patents to back the technology. Initial deliveries are targetted for 1Q97. According to the Blechman Report, Innovacom has already booked orders between 32 and 40 million! Not bad for starters.
If anyone else knows anything about this company, I'd like to hear about it.
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