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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: shag007 who wrote (5331)4/23/1998 2:27:00 PM
From: Peter V  Read Replies (2) of 6297
 
You guys sure know how to twist Mr. Castleman's statements around to fit your own agenda, don't you? He never said he didn't know how his options worked, but in fact explained them: Let's see I'm vested for around 60,000 options at .50 each. They must be executed in the next 90 days. Then they have to be registered, and that takes a year. And if you read carefully you'd see he has doubts about whether the company will perform well enough to make his options a sound investment: And what will InnovaCom look like in a year? Any guesses as to what a $30,000 investment would be worth in a year? Any guesses as to what products will be shipping in a year? Any guesses as to what revenue will be in a year? Any guesses as to how many MPEG engineers there'll be in a year? I'm not guessing with my $30,000 I'm sure the longs want to put a positive spin on Castleman's comments, but so far, you, Alex and Goreniuc have resorted to insults about his work ethic and intelligence. I have heard no response from any of you as to Innovacom's continual delays in getting its chip out and Mr. Castleman's comments in that regard, except perhaps to speculate (as none of you have said you have first-hand information about Mr. Castleman's work) about how the delays were all his fault. You finally get an insider on this thread and all you can do is throw rocks at him. You get what you deserve.
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