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Technology Stocks : Noise Cancellation Technology (NCTI)

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To: jean1057 who wrote (2416)11/5/1998 10:03:00 PM
From: Dan Shubin  Read Replies (1) of 2775
 
Boy, that 10Q is sure a downer--see Liquidity...
One line confuses me:
"The Company has no lines of credit with banks or other lending institutions and therefore has no unused borrowing capacity."

Have they ever applied for a line of credit? They are debt free, right? Maybe the "no" word is a typo--I'm watching for a correction.

My reaction is that they will be bought before April99. Maybe Harmon-Kardon. Maybe Verity Group. Neither trade, do they?
dna
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