SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: David Seltzer who wrote (1335)4/3/1998 9:05:00 AM
From: mod  Read Replies (2) of 1696
 
Checked with a securities lawyer I know. He said it would be ok to repurchase the stock as long as it is at a "fair" price, and they should have gotten a fairness opinion. However, he says that if the company bought the shares, that is a "material fact" that should have been disclosed in the press release. Not doing so would open them to shareholder suits. He thinks this is so obvious, that he doubts the company bought back the shares, since they would have had to disclose that fact.

Dennis
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News