Nam Tai Elec. (NTAI) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Nam Tai Elec. (NTAI)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: John Gault who wrote (1329)	4/2/1998 10:45:00 PM
From: David Seltzer	Read Replies (1) of 1696

Koo buys shares and warrants for $17 hoping they will increase in value.When he sees that the stock is not going to move-up(even with his news releases) he decides on a company buyback.He then sells his shares to the company(I don't know for sure).This is unethical as well as self-serving.It also may be illegal.Does anyone at that company have a conscience?Lets see if anyone gets a straight answer from the company? Koo must think investors are idiots.In addition,he has no idea about what to do with the $47 million the company raised in the rights offering.In essence,I don't trust Koo.Lining his pockets is his #1 priority.If he has sold his stock back to the company we should call the SEC and NASDAQ to find out if it was legal. David

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next