Hey, just got this e-mail this morning. Sounds great to me. Osprey, your buyout sure is close to what this person is saying.
"NXCD to have buyout news very soon! NO P&D here. Read the filings and the news. The choice is yours.
STOCKALERT2001 [207.200.14.49]
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This stock should have a major push in the very near future. Lots of rumors of buyout coming, even official announcements that company is being looked at. The strongest rumor is that the company is being offered at least $2.50/share. Company is going to be announcing some major news soon, not sure if on the buyout, but on financing.
Do your DD. This is risky, but upside more than offsets the risk. By end of the month, we will have some news. Had some news today, awarded a patent:
biz.yahoo.com/bw/011213/130346_1.html
NXCD - NEXTCARD INC - Nasdaq National Market: NXCD
ragingbull.lycos.com/mboard/boards.cgi?board=NXCD&read=2444
Latest PR set those MMs back a bit. For a while anyway.
I got a reply from someone in the CD department that said
These are her exact words...
The only information I have to give you at this time it that our bank is currently being sold. I have no information on a buyer. Our bank is functioning as any other financial institution. And your deposit would be
insured under the FDIC guidelines.
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messages.yahoo.com/bbs?.mm=FN&action=m&board=19864666&tid=nxcd&sid=19864666&mid=20068
on advice of broker, said offer on table for 2.25/share, they were holding for 3.50/share, i'm thinking the new acura nsx, see ya friends, i'm the one with big grin...
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messages.yahoo.com/bbs?action=m&board=7083010&tid=mtrs&sid=7083010&mid=1262
Re: MXT WILL BUY NEXTCARD!!!!!!!!!!!!!!!by: Austinlaw Long-Term Sentiment: Strong Buy 11/13/01 08:58 amMsg: 1262 of 1345
maybe this quote:"We are taking a look at NextCard," David Wesselink, a vice chairman at Metris, said Wednesday at the U.S. Bancorp Piper Jaffray Financial Services Conference.Mr. Wesselink said Metris, which specializes in subprime lending, is "taking a wait-and-see attitude toward Providian" but he would not rule out a bid for the company. NextCard far more saleable here than Providian.NextCard is very attractive in its online niche and technology. Clearly the venue of the future.The strategic benefit to the acquisitor in this regard can not be ignored. While any possible problem is minimized by the small size.Buying Providian here is strictly portfolio acquisition. One that is very unclear at the moment. A mistake here and the indigestion could prove fatal to the swallower.Mr. Wesselink's statement clearly echoes the above analysis." |
