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Technology Stocks : Parkervision -- Ignore unavailable to you. Want to Upgrade?


To: Hockeyfan who wrote (37)10/14/1999 8:14:00 AM
From: StockDung  Respond to of 109
 
Asensio & Company: Parkervision Added to Symbol's Suspect Deals


NEW YORK, Oct. 13 /PRNewswire/ -- The following is being issued by Asensio & Company, a member of the National Association of Securities Dealers, CRD number 31742:

Yesterday, ParkerVision, Inc. (Nasdaq: PRKR) finally announced its long-awaited Symbol Technologies, Inc. (NYSE: SBL) licensing agreement. The agreement had been disclosed long before the announcement, and ParkerVision had already received payment. As expected, ParkerVision refused to disclose any details that could be used to determine the value of the alleged agreement. On September 22, 1999, Symbol Technologies, Inc. announced an OEM agreement with Criticare Systems, Inc. The release contained a quote by Richard Bravman, Senior Vice-President of Symbol's Wireless Systems Division. Mr. Bravman was also quoted in yesterday's ParkerVision press release announcing the alleged Symbol deal.

On October 6, 1999, 14 days after Mr. Bravman's quote, Nasdaq halted trading in Criticare's stock. The trading halt remains in effect. The halt resulted from Criticare's filing of a Form 10K without an audited statement. The company's auditors, Deloitte & Touche LLP, are reported to have resigned.

Asensio & Company, Inc. is a New York-based institutional investment bank specializing in corporate valuations and equity research. Asensio & Company also specializes in investigating fraudulent stock promotions and publishing research on companies it identifies as grossly overvalued, as defined. A complete documented history of Asensio's published work with fraudulent securities transactions, including our previous ParkerVision reports, and the firm's definition of gross overvaluation, is available on the Internet at www.asensio.com . Asensio & Company is actively engaged in short selling, including companies that are the subject of the firm's research reports, and advises its clients on securities it believes are overvalued.

SOURCE Asensio & Company, Inc.

CO: ParkerVision, Inc.; Symbol Tech, Inc.; Asensio & Compan, Inc.

ST: New York

IN: FIN

SU: LAW

10/13/1999 23:09 EDT prnewswire.com




To: Hockeyfan who wrote (37)10/14/1999 8:40:00 AM
From: StockDung  Respond to of 109
 
As stated yesterday Gotthard Bank has been supporting PRKR stock. One must wonder why they would do such a thing. I have found out the answer why they have been supporting the stock.

Francesco Bolgiani has been a director of the Company since March 1999.
Mr. Bolgiani has been Deputy Chairman of Gotthard Bank, Lugano, Switzerland
since 1994. From 1968 to 1994, Mr. Bolgiani held various other positions with
Gotthard Bank. Mr. Bolgiani is a director of VASO Medical, Inc., a public
company engaged in the business of medical devices.
tenkwizard.com

(12) Includes 12,500 shares of Common Stock issuable upon immediately
exercisable options, 75,000 shares of Common Stock held by a company in
which Mr. Bolgiani and his wife have a 50% ownership interest, and 2,500
shares owned of record by Mr. Bolgiani's wife over which he disclaims
beneficial ownership. tenkwizard.com



To: Hockeyfan who wrote (37)10/14/1999 8:50:00 AM
From: StockDung  Respond to of 109
 
Mr. Bolgiani is a director of VASO Medical, Inc., a public
company engaged in the business of medical devices.

SEC Investigation- -----------------
In February 1995, the Company received a subpoena duces tecum by the
broker-dealer branch of the Northeast Regional Office of the Securities and
Exchange Commission ("SEC") requesting certain documents from the Company
pursuant to a formal order of private investigation in connection with possible
registration and reporting violations. The Company has cooperated with the
investigation. As stated in the subpoena, the "investigation is confidential and
should not be construed as an indication by the SEC or its staff that any
violations of law have occurred, nor should it be interpreted as an adverse
reflection on any person, entity or security." The Company is not aware of any
activity concerning this investigation since April 1998, and is unable to
establish the likelihood of an unfavorable outcome or the existence or amount of
any potential loss.Litigation- ----------
In May 1996, an action was commenced in the Supreme Court of the State of
New York, Nassau County, against the Company, its directors and certain of its
officers and employees for the alleged breach of an agreement to appoint a
non-affiliated party as its exclusive distributor of EECP systems. The complaint
seeks damages in the approximate sum of $50,000,000, declaratory relief and
punitive damages. The Company denies the existence of any agreement, believes
that the complaint is frivolous and without merit and is vigorously defending
the claims as well as asserting substantial counterclaims. This matter is in its
preliminary stages and the Company is unable to establish the likelihood of an
unfavorable outcome or the existence or amount of any potential loss.
In May 1998, an action was commenced in the New York Supreme Court, Suffolk
County, against the Company and other parties. The action seeks damages in the
sum of $5,000,000 based upon alleged injuries resulting from the alleged
negligence of the defendants in the use of the Company's product. The Company
and its insurer believe that the complaint is frivolous and without merit and
are vigorously defending the claims. Furthermore, management believes that this
action is fully covered by insurance. This matter is in its preliminary stages
and the Company is unable to establish the likelihood of an unfavorable outcome
or the existence or amount of any potential loss.
In February 1999, an action was commenced in the Massachusetts Superior
Court, Essex County, against the Company. The action seeks damages in the sum of
$1,000,000 based upon an alleged breach of a sales contract. The Company
believes that the complaint is frivolous and without merit and is vigorously
defending the claims. This matter is in its preliminary stages and the Company
is unable to establish the likelihood of an unfavorable outcome or the existence
or amount of any potential loss.<PAGE>
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
- --------------------------------------------------------------------------
OPERATIONS



To: Hockeyfan who wrote (37)10/14/1999 10:43:00 AM
From: StockDung  Respond to of 109
 
"If I was short, I would be out buying an extra large tube of KY Jelly tonight!"

Yes, they seem to be sticking it up your ars today!!

PRKR - PARKERVISION INC
Exchange: NASDAQ
Delay: at least 15 minutes
Last Price: 29 1/16 at 10:25 EDT
Change: Down 1 1/2 (-4.91%)
High: 32 at 9:30 EDT
Low: 29 1/16 at 10:21 EDT
Open: 31 3/4
Previous Close: 30 9/16 on 10/13
Volume: 222,900
30-Day Avg. Volume: 224,000
Shares Outstanding: 11,773,000
Market Cap.: 342,152,812
52-Week High: 39.06
52-Week Low: 13.37
Beta: 1.39
Yield: Nil
P/E Ratio: Not Material
EPS: -0.48
Currency Units: US Dollar

Confirm all data with your broker or financial advisor before trading.

Data by: S&P ComStock