Napier International Technologies Inc. (T.NIR) Message Board

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Gold/Mining/Energy : Napier International Technologies Inc. (T.NIR)

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To: Tim Cruise who wrote (2042)	1/22/1999 5:08:00 PM
From: ZEUS	Read Replies (2) of 2444

Well, let me first start off by saying that I am still long on this play but in recent days I have sold 50% of my position. Why? Quite frankly the company still has a ways to go. I have spoken to Jason several times over the last 2 weeks. The reason we have not heard a great deal from those ICI sales is because the ICI order is very small. They are still in the initial phases of training their sales force. Do not expect a sizeable order for several months. What about Boeing and that recent press release? Well according to Jason, the aircraft industry is really not that lucrative. Guess what guys. Jason is extremely hesitant to disclose any numbers associated with Boeing. My impression regarding this topic is that the Boeing announcement is very insignificant. Heck, Jason was down playing it. He stated that Boeing is really not and will not be a main user of our products, after all, they make brand new planes. No real need to strip anything! Jason stated that the company would rather focus on the Marine industry and also mentioned the publishing industry. Who really knows? All I'm saying is that I have been a very patient investor for the last 9 month's. I still will continue to hold a percentage, but at this point in time, I have other stocks to dump my money into. The company is expected to release January's sales figures in early February and according to Jason are significant. Congratulations!!! As well, expect to see our quarterly results in March. I would not be surprised to see NIR at $2-3 by late 2nd-3rd quarter. It's definitely not going too happen overnight. The enthusiasm in this play has greatly diminished. In order to attract serious institutional investors, we need to see several consecutive increases in sales and orders. Enough with all the fluff and start focusing on numbers. I am quite peeved as to why the company would go beyond its way and imply the Boeing announcement as being significant, when in fact it is NOT! Good luck to everyone and keep in mind that patience will be needed with this one. Eventually and hopefully, we can all be rewarded for our patience!!! Cheers, ZEUS

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