Tooting my own horn

Dan Kohn (dan@teledesic.com)
Sat, 6 Sep 1997 12:29:13 -0700


On August 27, in <http://xent.w3.org/FoRK-archive/august97/0351.html>, I
explained that I was buying LHSPF because "they and IBM have some of the
best speech recognition software out there (Apple's software doesn't
count, of course, since no one ever uses their products), that speech
recognition is a really cool thing (tm), and so someone (like Microsoft)
will buy them." Today, I get the attached message from InfoBeat.

The timing on this is so miraculous I'm tempted to accuse myself of
insider trading. (Of course, if that were the case, I certainly would
have bought a good bit more.) BTW, I'm staying long on LHSPF.

- dan

--
Daniel Kohn <dan@teledesic.com>
Teledesic Corporation     PGP KeyID: 0x6129DD6D
+1-425-602-6222 (voice)   602-0002 (fax)
http://www.teledesic.com

> -----Original Message----- > From: InfoBeat [SMTP:finance@infobeat.com] > Sent: Friday, September 05, 1997 5:03 PM > To: Dan Kohn > Subject: Finance - Full Closing Bell @ 09/05/97 (4 stories) > > > SYMBOL CLOSE CHANGE HIGH LOW VOLUME %CHNG > LHSPF 31 7/16 +3 15/16 31 1/2 29 5080 +14.3% > > * LERNOUT & HAUSPIE SPEECH PRODUCTS rose in heavy trade Friday > after favorable comment on the company in Business Week magazine. > In its Sept 15 issue, Business Week quoted Andrew Abrams of CWH > Associates, a hedge fund manager, as saying he expected MICROSOFT > CORP to put the software in its next operating system or develop > it as a stand-alone product. "Either way, he expects Microsoft > will announce plans at (the) COMDEX (trade show) in November," the > article said. "Abrams projects Lernout & Haspie to earn $0.90 a > share in 1997; $1.50 in 1998. Selling at 18 times earnings, it's a > bargain for a company whose profits he expects will grow at a 40% > rate." (Reuters 11:17 AM ET 09/05/97) > > http://www.infobeat.com