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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 (6163)	5/6/1999 7:29:00 PM
From: Raymund W	Respond to of 6297

I don't know what exactly is causing this rise, but I like it... I hope MPEG behaves like another stock I own, LPAC (check out the 1-year chart). I bought LPAC at 75 cents a share (then a little more at 5/8), and rode it all the way down to 1/8! I figured it was toast, but decided not to sell and just to let it ride. Well, needless to say, it started rising (otherwise I wouldn't tell this tale), and today is something like 4 1/2. I sold my initial investment at 5 1/8 and still have some "free" shares to let run. (Since I think it has plenty of room to advance, I didn't sell it all.) Anyhow, I am not going to predict that MPEG will do as well (plus I bought it at a higher price), but I'm hoping it will! I also wanted to encourage the longs here. Best wishes to those with the endurance! Ray