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Technology Stocks : Innovacom (MPEG), [announced single chip MPEG-2 encoder]
MPEG 0.0001000-80.0%Aug 29 1:17 PM EST

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To: UPTICK who wrote (6182)5/11/1999 9:59:00 AM
From: David Wise  Read Replies (1) of 6297
 
Actually, if you read my FIBR posts you'll see that I doubled my shares about a year ago at $2.00, sold all at $18.00, and didn't recommend again until about $7.50. Today it's hitting $11 1/2. At this point, it's not for the faint of heart. The shorts are very powerful and have included bad press from Barrons and Bloomberg. But their technology has been highlighted in many technology journals, they have some very recent big clients, like MediaOne, and 8 of top 10 printer manufacturers. They partner with Fore Systems on DWDM equipment, making equipment themselves that splits fiberoptic signals into 16 and 32 channels (each fiber cable can carry 32 separate channels by splitting the light into its colors). This is only one part of company. They planned an IPO of their NSIL group which may be on hold since Bloomberg published a very misleading article. But check it out and make your own decisions!
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