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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 (5909)	9/24/1998 3:32:00 PM
From: M.Welf	Read Replies (2) \| Respond to of 6297

From the 10-Q filed today: In August 1998, the Staff of the Division of Enforcement of the Securities and Exchange Commission advised the Company that the Commission had issued a formal order for private investigation. The investigation involves allegations that,since January 1, 1995, certain of the Company's present or former officers, directors, employees, business consultants, investment bankers, and/or certain other persons or entities associated with the Company, may have employed devices, schemes, or artifices to defraud, by, among other things, making undisclosed payments to certain registered representatives relating to sales of the Company's securities, and by manipulating the Company's stock price. The Division of Enforcement has issued subpoenas in connection with the investigation.

To: Alex Dominguez who wrote (5909)	9/25/1998 4:57:00 PM
From: ZJOHN	Read Replies (1) \| Respond to of 6297

Well were down to a new low of a dime and four pennies. Looks like we all were taken for a nice long ride on this one to the cleaners. Hope the sec gets some of the bad guys associated with this company. Maybe they will join us suckers in losing some of their money, that would be nice. Dosen't seem to be very much hope left. Looks like this stock will only be a loss on my taxes this year now. Sure looked good when I bought it, a lot of promises. But they seem to have been only lies. Wish I would have sold this one for a 50 % loss and not listen to the people on this thread with their hopes in this one. Well what you gonna do. Another lesson learned for me in dealing with BB stocks. They don't pan out for the most part. Well hope you all the best of luck after this one. Good trading. Zjohn