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 : Noise Cancellation Technology (NCTI)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dan Shubin who wrote (2417)11/6/1998 9:25:00 AM
From: Bob Muenchen  Read Replies (1) of 2775
 
I believe that the contract between NCTI and Verity Group states that it is nullified if NCTI is bought out, which would mean that Harmon would have to renegotiate. Still, assuming a similar agreement resulted, it does seem that Harmon could save a lot in license fees on speakers by doing so if the flat speakers really catch on. However, Harmon is the official license manager for US licenses that Verity handles. I assume this means they get a percent of the fees anyway and they may not want to shake up that relationship with an NCTI buyout.

Verity Group trades in England and the stock was up 10 times its pre-NXT price the last time I checked. Verity has been divesting of companies such as Warfdale and Quad, but NCTI might look attractive to them since it would give them control over all the cross-licencees except for SAS. Also, the announcement that NCTI would buy a european hifi company might get Verity wondering about competition on their own turf.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext