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


To: UPTICK who wrote (6182)5/11/1999 7:11:00 AM
From: roy whitt  Respond to of 6297
 
The last time I talk with Frank I ask him
about the sec crap. He told me that it did
not concern the company but past employees
of the company and there was nothing to
worry about. I have nothing to back this
up with but maybe there is some good news
coming and people that are in the know (aunts
uncle cousins friends) are getting in.
it does not matter to me Im going to ride it
out to the top or the bottom..



To: UPTICK who wrote (6182)5/11/1999 9:59:00 AM
From: David Wise  Read Replies (1) | Respond to of 6297
 
Actually, if you read my FIBR posts you'll see that I doubled my shares about a year ago at $2.00, sold all at $18.00, and didn't recommend again until about $7.50. Today it's hitting $11 1/2. At this point, it's not for the faint of heart. The shorts are very powerful and have included bad press from Barrons and Bloomberg. But their technology has been highlighted in many technology journals, they have some very recent big clients, like MediaOne, and 8 of top 10 printer manufacturers. They partner with Fore Systems on DWDM equipment, making equipment themselves that splits fiberoptic signals into 16 and 32 channels (each fiber cable can carry 32 separate channels by splitting the light into its colors). This is only one part of company. They planned an IPO of their NSIL group which may be on hold since Bloomberg published a very misleading article. But check it out and make your own decisions!