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Technology Stocks : Logpoint Technologies (LGPT) -- Ignore unavailable to you. Want to Upgrade?

To: mnispel who wrote (614)	5/4/1999 2:28:00 PM
From: kash johal	Read Replies (3) \| Respond to of 698

Mark, Thanks for your detailed post. I have taken a closer look at the company. And then I tried to short the stock but was unable to at Schwab as apparently there are no shares available. The company is a complete scam imho. Here are my reasons for stating it: 1. The company has been around for 4-5 years and has published no financials. Even 6 months after stating that it intended to do so. 2. The company does generate an incessant number of press releases that contain LITTLE or NO factual information. In fact they have the gall to publish a press release on a deal with IBM. When all that is going to happen is that folks like Intel,Mot,National are simply listing software that customers of their CPU's can utilize. This does NOT represent any kind of affirmation by these companies at all. In fact if you go through their web site and click on their links most do not work. IBM is not there. Intel's link is dated from 1996. National's, reccomends not even using the CPU that they are listed for. 3. The company seems to have NO major customers. The idea that major semiconductor or DSP companies are going to embed LGPT's algorithms into silicon is Laughable at best. The reason is that general purpose CPU's and DSP's need to be precise. And the whole reason that LGPT's algorthms work is that they are imprecise. 4. Their may well be a small market in very specific applications where precision is not required. An example for example is in video distribution. The MPEG encoding reduces total bandwidth required by losing some resolution that is not noticed by the human eye. In this type of application or voice transmission there may well be a market. Unfortunately the company seems to have no salesforce, no targeted product development that adresses such areas. There seems to be continuing hype on this board regarding the company. If any of would like to let me know how to short this pumper/dumper I would be most interested. Regards, Kash

To: mnispel who wrote (614)	5/4/1999 11:49:00 PM
From: Dolfan	Read Replies (1) \| Respond to of 698

Hello Mark, good to see you here again. This is something I found while doing research. It sounds like it is right up LGPT alley! I pulled this off the Embedded Processor Forum site. Which is hosting the conference for Embedded Computing Technology in San Jose this week. mdronline.com@18759949tlqjfp/events/epf99/index.html I wonder if Log Point is attending this conference? The Invisible Computer: Embedded Processors and the Consumer Market Donald A. Norman, the Nielsen Norman Group A massive change is under way in the information technology industry, fueled, in part, by a consumer revolt against the complexity and general unreliability of today's personal computers. Enter information appliances: small, specialized devices that are powerful, easy to master, and accommodating to users. Embedded processors are one of the essential infrastructure technologies for making this revolution possible, but they alone aren't sufficient. Embedded processors make it possible to develop products that are small, simple, and appropriate to everyday activities. But to make them acceptable to the average person, the technology has to become invisible. Embedded processors provide the promise of a revolution in consumer goods, but only if the companies that make products adopt a human-centered design philosophy. This talk addresses the changes we might expect to see in this new world of information appliances and the ways they might arrive.