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Technology Stocks : Nam Tai Elec. (NTAI)

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To: peter michaelson who wrote (1491)9/16/1998 6:41:00 AM
From: blankmind  Read Replies (1) of 1696
 
- I agree that Nam Tai probably is buying at firesale prices. Unfortunately for many upstarts in Asia, cash is king.

- Last I looked, Nam Tai had about $100 mill of free cash on hand. Many others, just a lot of $$US or Yen denominated debts.

- Also, Albatronics appears to be a low-end manufactuerer; whereas Nam Tai is high-end. Albatronics in the developing world; Nam Tai in the developed. Really looks like the potential for synergies can be realized in a big way.
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