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Technology Stocks : Nam Tai Elec. (NTAI)

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To: DanD who wrote (1324)4/2/1998 5:00:00 PM
From: Ron Bower   of 1696
 
VANCOUVER, Canada, April 2 /PRNewswire/ -- Nam Tai Electronics, Inc. (''Nam Tai'' or the ''Company'')(Nasdaq-NNM: NTAIF and NTAWF,) today confirmed its Chairman, Mr. M. K. Koo, filed a Form 144 on April 1, 1998 indicating a block sale of 560,000 shares at a price of $16.875 per share.

According to Mr. Koo the shares were sold to reduce a margin loan outstanding and no further sales are contemplated for at
least the next three months.

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Wonder who bought the shares? Suppose the full dilution will be lower next quarter?

Ron

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