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

To: William T. Katz who wrote (5623)	6/17/1998 12:10:00 AM
From: DARPA	Read Replies (3) \| Respond to of 6297

Is that it? Bankruptcy? Is this what's ultimately in store for MPEG? Wow, seems like a lot of reading for that. It's been an interesting learning experience. Santa Clara was beautiful. Alcapulco's with Dennis Castleman and Koz and crew was very entertaining. I still believe that Dennis and Mark we're sincerely hopeful that their idea would work. I'm sure that they're not very happy with what has occured over the last year. Although, until I hear it from Koz that it's over, there's nothing to salvage, I have no plans to cut my losses... isn't worth it. The tour through the lab, the hope, excitement, crossed fingers, and dreaming of what to spend it all on ... it was fun, it's not anymore. Once bitten, twice shy. Don't know how the naysayers knew so much, and I'm still scratching my head as to why they would have spent so much time kicking MPEG - unless they were shorting it of course. Nadalin, is that what you were doing? Or did you have some type of vendetta and this was personal against Alex? Speaking of Alex, how many millions have you got invested in this thing? I think I'm going to spend some time reading/investigating what percentage of microcap stocks sink in the end, what percent take a kick like this and then run back up, what type of factors cause the run up/recovery and if MM's simply profit from these type of stocks, because it's simply a matter of following and riding a hi-tech stock "life cycle". Wishfull thinking I'm pretty sure now. As you can see, I'm not about to sell out. I'll go down with the ship and take the good with the bad. First internet baby - that's what MPEG has been for me. We'll see what drags out. Koz - are you out there? What happens to the technology? Are you screwed now, or is there some type of salvage plan for your chip, can we turn this thing around? Let's hear from you.