NTN Communications, worth 185 million? Message Board

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Technology Stocks : NTN Communications, worth 185 million?

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To: Peter Ralph who wrote (2950)	3/15/2000 10:57:00 AM
From: Rich Genik	Read Replies (1) of 2985

Hi Peter, I remember why I forgot about this one: it is a 3.5M settlement completely cover by NTN's insurance. It was announced in the last 10Q back in November. So, $3.5M and the class is receiving 0.22 per share? That means that there are 15M shares in the class, assuming the attorney fees are negligible (ROTFL) Anyway, it looks like a yawner. It is good to note, though, that it seems to be the first time I can recall where there is no lawsuit hanging over head.... As for today, it appears that the Mom Boys may be leaving us alone for the most part. I think they got out yesterday afternoon, about the time "Big News This Afternoon!" became "Big News Tomorrow AM!". I have to think that there is something else behind this rally. Day Traders should have left already. BTW: at 6 1/2 NTN market cap is $188M :-) Cheers, Rich

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