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Technology Stocks : Nam Tai Elec. (NTAI)

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To: John Gault who wrote (1329)4/2/1998 8:08:00 PM
From: BUFFY Z  Read Replies (1) of 1696
 
I have to admit, i am shocked that is was Mr. Koo selling those shares. Why on earth did he go on margin to buy the shares in the first place if he wasn't going to hold them. There is still 1 unanswered question, who bought the shares. I have a feeling it was the company since the stock price held up. i will call tomorrow and see, but i am almost certain that is was the company using the share buy-back program. If it wasn't, i think the price would have fell more yesterday. I have been positive about Mr. Koo and what he has been doing, but i have to admit, him basically selling his shares back to the company makes me wonder. I hope it was not the company who bought them, but i feel strongly that it was, i will find out and let you guys know.

Buffy Z
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