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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: James Wang who wrote (5477)5/29/1998 12:35:00 PM
From: DiViT  Read Replies (1) of 6297
 
Agreed. Amazing.

But you give too much acceptance of TriTech being just the foundry.

From Innovacom's SEC documents.

In connection with the development of the DVImpact single chip
MPEG-2 encoder, the Company entered into an agreement with a Company
to manufacture the Company's chip. The agreement calls for payment
of $225,000 for design and manufacture of the chip. As of December
31, 1997, the Company made a $90,000 non-refundable deposit to
TriTech Electronics, Inc. for the start of design work. The
remaining amounts are due upon shipment of prototypes.
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