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


To: Kal Perry who wrote (5470)5/27/1998 7:07:00 PM
From: Alex Dominguez  Read Replies (1) | Respond to of 6297
 
" Alex, I'd like to know if you discussed the May chip date with Mr.
Burke. What did he say about this ?"

Chip will not be out in MAY due to problems with Singapore technologies(tri tech). Although the problem is minor it has thrown the schedule off. He sounded VERY confident and excited about coming on board. As a matter of fact he will address shareholders with a letter explaining the status of the company and how he sees things going forward.He didnt make any claims or give time frames.I suggested to him that he review all past press releases and review which ones will not pan out and which are still active.This will help with investor confidence going forward.He was very ethical in his conversation and was careful not to disclose info. Just by talking to him he seemed genuine and in command.Going forward I feel more confident than ever.Remember this guy used to manage over 1000 engineers at one point in his career.This guy will get things accomplished.Be patient folks!!

Alex