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


To: James Wang who wrote (5477)5/29/1998 2:09:00 AM
From: Roger W. Bowen  Respond to of 6297
 
Well said, James.
IMHO this 'hyping' has become pathetic.
I'll stick around until I can take a longterm tax loss and then I'm out-a-here.

Roger



To: James Wang who wrote (5477)5/29/1998 12:20:00 PM
From: Alex Dominguez  Read Replies (2) | Respond to of 6297
 
James: Although i do understand why someone would have sold their shares by now,I for one have been patient for a long long time. You should ask yourself why some one like Sprague would risk tarnishing his name and be associated with INNOVACOM??? after having built NATIONAL SEMICONDUCTOR for 30 years! It doesnt take a rocket scientist to figure it out.He sees the potential that i also see for the company.Remember INNOVACOM is going after the broadcast market(very ripe as of yet).There are other companies developing single chip encoders that will be sampling in 1999. I think at this point you have 2 choices,hang in there or get out. But remember while your getting out BURKE and Sprague are getting in. I know what I will be doing.Chip is coming sooner or later.

Alex



To: James Wang who wrote (5477)5/29/1998 12:35:00 PM
From: DiViT  Read Replies (1) | Respond to of 6297
 
Agreed. Amazing.

But you give too much acceptance of TriTech being just the foundry.

From Innovacom's SEC documents.

In connection with the development of the DVImpact single chip
MPEG-2 encoder, the Company entered into an agreement with a Company
to manufacture the Company's chip. The agreement calls for payment
of $225,000 for design and manufacture of the chip. As of December
31, 1997, the Company made a $90,000 non-refundable deposit to
TriTech Electronics, Inc. for the start of design work. The
remaining amounts are due upon shipment of prototypes.