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 0.0001000

-50.0%

Aug 29 1:17 PM EST

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To: Edward Ip who wrote (16)	10/2/1996 5:53:00 PM
From:	of 6297

MPEG: a scam? Edward, I talked to the IR people at MPEG. My god! They don't have a single chip mpeg anything. They have a design on a piece of paper and that is it!!! They don't have even a prototype of this and have no idea if it works. Also, the company that financed them has broken off from them. If they have something, why would the financing people drop them? Worse, they have a distribution agreement and no product. Nexus is being used for namedropping purposes. This is a crazy investment. The IR person wants to know how I heard of them. They have a bank of operators answering calls. I don't like any of it. They are only 3 months old as a company!!!!

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