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


To: DARPA who wrote (5675)6/26/1998 1:09:00 PM
From: Alberto B. Plata  Read Replies (1) | Respond to of 6297
 
No need to question David's motive for posting.
If you have tolerated Alex's all-positive postings
surely you can also appreciate David's rebuttal.
I have not posted a lot , but I have read all the
posts on this thread. I have consistently lurked
for 2 1/2 years and to be honest with you, it is
David's posts that gave me and my associates some
kind of balance in viewing this company. I am sure
there were a lot like us.. just lurking .. buying and
selling MPEG without posting in this thread. David
did great service to people who trades this stock.
As I said we have gone in and out of MPEG 3 times..
and all of them profitable... thanks to Alex and
David. Both of them at least give us the speculative
reason to enter and exit. So everyone... give it a rest..
David made this thread credible..

And for the longs who are caught holding the bag.....
David did not cause the stock price to go down.......

Watch out for floorless convertible debt....You may
rationalize that if someone lends the company
2 million..it must still be solid.....How much
interest is added on???...when is the conversion.
When the lender wants to get paid..all they have to do is
convert and sell it... does not matter if MPEG
is 30 cents or .03 cents or even 1/64.