To: Sandra who wrote (856 ) 2/19/1998 9:34:00 AM From: Cary C Read Replies (1) | Respond to of 29382
New Amigo pick..... The amigo's have added SRSL to the portfolio today. We feel their is good possibility that it can appreciate at least 30% in the next few months. Insiders are heavily invested in this one. Sergio has had this one for awhile. Mike and I have traded it a couple of times. It looks like it is ready to go again. The company shipped their technology in more than 23 million products in 1997. More than doubling the products in 1996. Revenue for the year was up 87% while income was up 66%. According to the company a new analyst from Branch Cabell has started to cover the company with a buy rating. Salomon has them rated as an outperform buy. When Compaq chose SRSL in December, Steve Sedmak stated, "This is a significant win for SRS Labs," he went on to say "We've now got nine of the top ten PC manufacturers shipping products with one of our audio technologies, and we expect the depth of the offerings to increase as DVD becomes more prevalent in 1998. Virtual 3D sound technologies, like our TruSurround, are proving to be essential to DVD- equipped PCs and industry analysts are recommending manufacturers prepare to offer sound virtualization by the end of this year. Compaq's choice of the Mpact processor illustrates this rising trend for DVD-equipped PCs, and the importance of the superior sound quality that TruSurround delivers." The winter consumer electronics show in January at Las Vegas appears to have been very successful.fast.quote.com |yimgivvceketfast.quote.com |yimgivvceketfast.quote.com |yimgivvceket The company is very excited about its recent "VIP" acquisitionfast.quote.com |yimgivvceket In response to this acquisition Jennifer Drescher stated the following, "Earlier this month at the Consumer Electronics Show in Las Vegas, we previewed VIP to selected customers," and "The response from our OEM customers as well as our chip partners was excellent and it is readily apparent that there is a large potential market for VIP." The amigo's