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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 (5573)6/8/1998 7:40:00 PM
From: Mahin M. Samada  Respond to of 6297
 
"William,if i were a paid hypster dont you think i would been fired by now......."

agreed - - - there's no way you could be an employee of Innovacom... your performance has been far more reliable, consitant, and diligent.

m.



To: Alex Dominguez who wrote (5573)6/8/1998 7:52:00 PM
From: Alberto B. Plata  Respond to of 6297
 
Alex,
Re: Burke's employment:
This is taken out of the latest filing of Innovacom w/ SEC

The initial term of the employment agreement is five years.The
employment agreement is contingent upon the Company's obtaining $5,000,000 in financing on or before April 15, 1998 and securing
its performance under the agreement by the issuance of a $1,000,000 letter of credit.

If Innovacom was not able to obtain additionAL 5m / OR did
not secure a 1M letter of credit to efect its performance..
then technically..the employment agreement not binding.
Why did he serve for a month. If he drew a salary.. then
Innovacom , by its action, considered him an Employee...
O boy........ the lawyers are going to have a ball....



To: Alex Dominguez who wrote (5573)6/8/1998 11:46:00 PM
From: Stoctrash  Read Replies (1) | Respond to of 6297
 
Alex,

You know what's even more pathetic about this news today?

It made CUBE go up in sympathy.

Cash in your little chips....plunk them in CUBE.
At these prices you're getting their chip biz (yeah they really have working chips) for free when you look at the Divicom biz.
Look at the numbers, have a stiff drink and do what ya gotta do while their is time. Soon this thing will be .125