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Technology Stocks : NTN Communications, worth 185 million?
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To: R Sandvig who wrote (1784)12/14/1997 3:01:00 PM
From: dwight vickers  Read Replies (1) of 2985
 
PMFJI but I think Jim probably means "high yield debt" or junk bonds.

Valid method for low credit quality companies to raise money. TCI built their business with it.

I will go on record as predicting that NTN will never do a junk bond or conventional "bank" type financing.

Their only financing options will be more REG.S/D. And that is very unlikely with the stock barely above $1.

Mr. Sokol has dealt his own hand and better be prepared to play what he's holding.

Dwight
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