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Technology Stocks : Nam Tai Elec. (NTAI)
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To: Tensane 1 who wrote (1470)8/25/1998 1:58:00 PM
From: Ron Bower  Read Replies (1) of 1696
 
Kevin,

I and I think many others are all watching Nam Tai for an indication that they will become a growing company. A shortage of cash in Asia and they have an abundance. You have to watch.

The last report was strange. Almost like they were trying to drive the price down. Definitely a change from prior reports. They could now buy back shares at a 35-40% discount to the offering and for less than the BV. Each buy would increase BV/S.

Hmmm? Just what do they have in mind now?

FWIW,
Ron

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