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Technology Stocks : Innovacom (MPEG), [announced single chip MPEG-2 encoder] -- Ignore unavailable to you. Want to Upgrade?


To: Alex Dominguez who wrote (5334)4/23/1998 3:32:00 PM
From: William T. Katz  Read Replies (1) | Respond to of 6297
 
Alex, with no due respect, I don't recall seeing your name on this thread a year ago. Despite my obvious "lack of vision" I saw the potential of Innovacom at that time and I profited as it went higher. But then I sold when I felt management was misguided and entirely unfocused on the task at hand, both fatal flaws for any start-up company. The SI records will verify my past ownership of this stock well before I believe you made your first appearance [tell me if I'm wrong on this].

I fully stand by my statement that you are either a paid promotor or an entirely dense investor because I have never seen you give a negative impression on this stock even when they clearly dropped the ball. On every instance you have put spin control on obviously negative articles and delays, while talking up the stock as best as you can with "buying opportunities" and speculation about technical matters. Real investors do not have tunnel vision. And they listen to others opinions. I listen to George Thompson's views regardless of his views on this stock because he supports his viewpoint with some knowledge. You have ignored every piece of news that has come across this thread unless it might prop the stock up.

I have not claimed Innovacom's chip is less advanced than the competition. I said that Innovacom's previous releases [dating back more than a year] claimed they were years ahead in single-chip MPEG-2 encoding without tying it to feature sets. In other words, they made a broad claim and did not say "we are years ahead of the competition in HDTV-quality MPEG-2 encoding." This is why I think George Thompson is too forgiving (since he thinks MPEG chips may have superior quality).

I may not have a clue, but I'm certainly not trying to belittle a former employee of Innovacom and undermine his credibility so my stock price stays up. I also don't ever claim to have insider knowledge but on many occasions you have made mysterious reference to upcoming "surprises".

But if you are a paid promotor, I suggest you spend more time actually analyzing the competition. You might seem more credible to potential stock purchasers.

-Bill