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Microcap & Penny Stocks : Rande Is. . .FISHING. . [under $1.50]

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To: Daniel Miller who wrote (2702)9/22/1999 10:46:00 PM
From: Rande Is  Read Replies (2) of 4766
 
Something going on that we dont know about? Insert foot into mouth, when responding. . .LOL!

But seriously. . .please Danny. . .next time do your homework BEFORE making such insinuations. You should know me better than that by now.

I AM glad to see you are checking on whether these OTCs are reporting.

Latest SEC Filing on NINE:
biz.yahoo.com

1996
edgar-online.com

1997-1998
edgar-online.com

1999
edgar-online.com

And to answer the other question on here on NINE. . . the company shifted out of the highly competitive consumer oriented video card market, with its shrinking margins. . . .where a 64MB graphics card cost about $3000.00 dollars just a year ago and was reserved strictly for the high-end graphics industry. . . this year, anyone can pick one up for about $200 bucks.

While it was smart to bail and move into the cutting edge "digital" video cards. . .the shift back into heavy R&D took a toll on the companys bottom line. . .revs dropped . . . and the price fell with it. . .which evidently led to the delisting. . .But these deals are still in place. . . Silicon Graphics still owns a chunk of Number Nine. . .and it wouldn't surprise me if they bought the whole company, while it is down at these levels.

SGI recently exercised a stock option of some sort with NINE, then turned around and sold the shares. . .only to acquire a half-million shares shortly afterward. . . . so it would not at all surprise me if the short-selling pressure that has kept the lid on this stock for so long now had related roots. . .

Also, if NINE sees any serious volume soon. . . we could see a big squeeze play. . .so on the near-term, I am looking for a short-covering pop. . . . but longer term. . .I am hoping for a major turnaround on the digital video cards, etc. . . and the possibility of a takeover.

Rande Is
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