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

To: Alberto B. Plata who wrote (5614)	6/12/1998 6:31:00 PM
From: yorky	Respond to of 6297

Sorry, Should have said revenues!! What are these "developer systems"?? Business Summary InnovaCom, Inc. is a development stage technology company. MPEG's principal product focus is video compression technology including single chip, multiple chip, boards and integrated solution levels. For the fiscal year ended 12/31/97, revenues totalled $149 thousand vs. none. Net loss increased 32% to $10.8 million. Revenues reflect the shipments of developer systems to five customers. Higher loss reflects increased R and D expenses due to increased personnel and higher debt levels.