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

To: David Wise who wrote (5581)	6/9/1998 5:40:00 PM
From: R KIEFHABER	Read Replies (2) \| Respond to of 6297

My understanding is that the $5M has already converted prior to this recent drop. This means the financiers thought we were at our lowest when the stock was in the $1 1/2-$2 range. This is excellent news because: 1) We have little debt. 2) The big guys are holding stock which makes them more likely to help with present financing. FWIW; I also understand that product will start shipping mid July. (Hope they meant July 98 !!) Financiers probably new this when they converted. Holding & hoping, BOB K

To: David Wise who wrote (5581)	6/10/1998 4:23:00 PM
From: Alberto B. Plata	Respond to of 6297

actually you mean 900% gain if your cost is .40 cents. but still.. you are right the odds you presented are extremely good. but that scenario is only for the purpose of rationalizing your bet. Why stop at $ 4.00 - Go as high as $ 7.00 (it has been higher). and your scenario will even look magnificent. Past performance is not indicative of future results. Of course your target price of $ 4.00 is not impossible.....with all the new shares and all that has happened , it is improbable... you made the odds yourself....not the bookie..