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Technology Stocks : Nam Tai Elec. (NTAI)

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To: Dick Martin who wrote (1679)11/26/2002 1:52:04 AM
From: Alfred W. Post  Read Replies (1) of 1696
 
The share price is holding up just fine. After all - at least I think so - most of the warrants probabely have been converted before expiration and that would have given the company new money. If all 3 mio were tendered this would amount to $ 60 mio, making the company that much more attractive - or am I wrong with my assumption?
What do you think of this: sell the shares limit $22 and buy with part of the proceeds calls out of the money? you take most of the money and your profits off the tabel and are with the calls still in the running, if - as I suspect . the shares will keep on going up together with the market. Fred
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