NextPath Technologies: NPTK Message Board

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Technology Stocks : NextPath Technologies: NPTK

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To: Coz who wrote (99)	4/14/2000 8:22:00 AM
From: Q.	Read Replies (1) of 106

Looks like NPTK is headed back to 15/16, where it belongs. The market cap ($7 X $41 M shares = $290 M) remains WAY too high for the tiny little businesses that they've acquired. They have less than $10 M revenues, and they lose money. Management is a revolving door. Complete turnover in the last month is not a sign of a healthy company. Change in auditors is not a good sign, either. The company was late in filing its 10-k, so it did something I've never seen before: they filed a 10k that doesn't have financial statements or an auditor's opinion. Very weird. edgar-online.com Even weirder, the 10k had something that nobody should ever put in their 10k: revenue and earnings forecasts for the next 4 years. Normally a company's SEC filings are the one place that they avoid touting. Not NPTK, though. Apparently they don't know better. This is one very lousy company, and one very lousy stock.

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