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Technology Stocks : Innovacom (MPEG), [announced single chip MPEG-2 encoder]
MPEG 0.0002000.0%Feb 6 9:30 AM EST

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To: Don Ohland who wrote (5500)6/1/1998 11:05:00 AM
From: Ford Morgan  Read Replies (1) of 6297
 
No real argument from this end. As stated, I question the management at this point which casts a greater disappointment in my judgement along with that of the company. I sold enough of my position during its move up some time back to cover my initial investment. In reality, I should have move the gains into other investments but I was intrigued by an upstart in a dynamic field with a product slated for production. I check back to see investor sentiment and usually see repeated promises and repeated setbacks coupled with the latest "joint venture" to enhance MPEG. I use these types of investments as spices, a sprinkle here and there but more as a way to subdue my speculative nature without adversely affecting my primary portfolio. The "chip" out the door would be interesting at this point. I do make the assumption that in due time, a real chip will truly meet the public. I then have little doubt that we will all be rewarded for what is looking more and more like blind faith as opposed to detailed investment strategy.
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