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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Joe Copia who wrote (18260)	7/23/1999 9:05:00 AM
From: Jim B	Respond to of 25711

copied from RB on SPAZ :) Individual Investor article on SPAZ... Best of luck, knetman The 'Low' Down: (tidbits) Shares of Spatializer Audio Labs (OTC BB: SPAZ - Quotes, News, Boards) (MJ 6/18/99)have exploded, with back-to-back trading days of high volume and big time gains. Both days were filled with news from this microcap that owns the technology that makes a two-speaker system sound like a five-speaker surround sound system. On Tuesday, the stock rose $0.10 or 40%, to $0.35 on news that the company signed Samsung as a customer. Samsung will include Spatializer's N-2-2 Virtual Surround Sound technology in its own-brand and OEM DVD players. Samsung is expecting to issue more than one million DVD players, which should begin to impact Spatializer's bottom line later this year. In addition to a new customer, Spatializer also announced that it released StreamFX, an Internet product that will enhance sound for the XingMP3 and XingDVD Internet digital sound and video players. Spatializer's technology not only produces a better sound on a two-speaker system, it also overcomes inaccuracies that show up in personal computer (PC) use. Spatializer's stock rocketed another 82%, or $0.29 to $0.64, thanks to the hot IPO of MP3.com (NASDAQ: MPPP - Quotes, News, Boards). These news items show the strategy management is mapping for Spatializer, and the results should begin to show up in the earnings by the fourth quarter, and into fiscal 2000. The company will hopefully break even this year, with a profitable fourth quarter. If so, fiscal 2000 could be a highly profitable year for Spatializer. Even if the company earns $0.10 a share next year, yielding a p/e of 10 would make shares worth $1 a share, still double from present levels. This analysis ignores the fact that the company could even get back on Nasdaq by next year. If so, the $1 a share stock price target could be conservative.