no diatribe - gut conviction. Now are you referring to your bankruptcy attorney or your real estate attorney friend, you must have alot of them by now on retainer.
The company has an excellent product; the company has apparently made the mistake of filing a report indicating a 359,000 loss on 17,000 income give or take a few thousand; the company has also put a person on the front line that perhaps the SEC has been following since the Manentale debacle. So when they put two and two together, they just said STOP/HALT.
Let's just take two weeks and get this all figured out now and get things out in the open so investors can make their own decisions based on FACTS.
Now what is there to fear about that? If there is nothing wrong, trading will commence and the stock valuation will float right back to where it should be; the product and services will speak for themselves; just like a company is supposed to operate. Everybody happy, everybody makes money by making their own decisions based on FACTS.
As for your earlier mention of shopping.com their problems started with rumours that they did not pay their vendors so they could not get products; not so and after investigation they were released. They did manage to find capitalization and they did have intrinsic value that compaq did sieze upon - an already existing customer base and the web site. I know the history, it was one of my first stock picks in November '98 with my local brokerage before I got online brokers. At that time I believe that share price was around 8 bucks.
I don't know what shopping.com has in common with this company either, like another poster. shopping.com is a portal that you can buy anything over the web from jewelry to luggage to junk. I thought this company was high tech stuff. I am not familiar with what the company exactly does, I have been trying to get through all the graft and through management problems let alone get to what the company is good for. Now is there anything illegal about a person inquiring FACTS? If so let me know right now so I can add this to the SEC filings and get myself on record as being the man who brought this company down by asking a question...:) tongue in cheek you know
So as I read bloombergs tonight, I believe that the SEC just wants to get that pesky financial descrepancy fixed immediately so it doesn't blow totally out of proportion, rumours and all you know.
To assist your real estate attorney friend, the offices of Mirra are located right next door to Terry Bradshaw, another HUGE nonshareholder of NCDR, as is myself.
Now this was therapeutic. :) , A True Lady, Jacalyn |
