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Gold/Mining/Energy : ADI TECHNOLOGIES ( ADH-VSE mpeg compression technology) -- Ignore unavailable to you. Want to Upgrade?


To: Mark Woolfson who wrote (44)3/15/1998 10:56:00 PM
From: dufour  Read Replies (2) | Respond to of 825
 
Do you know exactly what stage of the development the chip is at? I hear that they are at the foundry, but when do they expect to be ready to ship the product? Do you also know what is going on about the interactive video product they acquired?
When I called a ADI about 5 months ago they told me that the patent was pending. I also believe that this company's stock has enormous potential, providing that the chip is marketable and successfully adopted by major manufacturers in their products. If they can be one of the first to get the chip out before any of their competitors, the potential of the stock price is enormously high.
There is a lot of potential because about 75% of the issued stock (total issued I believe is about 26,000 shares) belongs to insiders and employees of the company. In the event of a lot of investor interest there will be more shares wanted than could possible be offered, driving the price sky-bound.

Dufour