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Strategies & Market Trends : Three Amigos Stock Thread

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To: RCJIII who wrote (16299)	7/14/1999 7:46:00 PM
From: Ken W	Read Replies (2) of 29382

RCJ: I have a couple of questions for you re: NAMC. With the max. of $275 per case, if settled, how many cases will NAMC have to settle online to make a profit in their business which is losing 66% more money than they did last year? Last year for the 9 month ended Mar. 31 was (.13) same 9 months this year is (.32). They are burning more cash (operating capital is down) and spending more for salaries and General expenses. Is there a settlement "cap" to the amount that can be settled for thru NAM software. In other words is NAM merely a small claims settlement site like in a brick and morter court room where 10K is the limit and no lawyers are allowed anyway and it costs you $25.00 to file? Ken

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