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Technology Stocks : NewKidCo International (OTC:NKCIF) (TSE:NKC)
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To: Link Lady who wrote (801)12/4/1997 7:33:00 PM
From: esecurities(tm)  Read Replies (1) of 4231
 
SWEBF +1/16 20,000 shs SKI -.16 to C$1.81 18,320 shs.

What does it mean? 20,000 shares traded. Year-end tax loss carryforward selling? A buyer at $1 and is profit taking? or (NASDAQ:SWEBF) issues of fact

1. 18 business days until Kurzweil contract termination as disclosed and stated as a warning in SWEBF's 1996 SEC Form 20F as potentially materially adversely affecting revenues. Lernout Hauspie has pulled Voice Xpress from SWEBF and has apparently terminated its relationship with SWEBF for all products after VoiceCommands. Accordingly SWEBF would have no product. With continuous voice rec products shipping in January 1998 for <$100 contemporaneous with a termination of all future retail voice rec products, L&H (and Microsoft?) will have effectively made Alpha's Kurzweil product line obsolete, i.e. its present value = 0. The Alpha Kurzweil product line accounted for a substantial portion of SWEBF's revenues and revenue growth.

2. SWEBF management, as of December 4, 1997 simply and allegedly negigently has not formally advised their shareholders of this situation nor its status.

3. SWEBF is holding a Special Shareholder's Meeting they apparently also do not want to formally disclose nor advise their shareholders of nor is there any mention of it on their company specific shareholder information web site.

It would be perfectly reasonable to assume shares sold are because of said issues of fact. Management's position (alleged reckless corporate governance) of remaining quiet merely serves to exacerbate and nurture shareholder confusion.
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