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Technology Stocks : Nam Tai Elec. (NTAI)

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To: Ron Bower who wrote (1548)2/10/1999 2:51:00 PM
From: Dick Martin  Read Replies (1) of 1696
 
Here is different version of the story which seams to suggest that Albatronics will be liquidated from:

biz.yahoo.com

Sunday February 7, 8:07 pm Eastern Time

PRESS DIGEST - Hong Kong - Feb 8
MING PAO DAILY NEWS - Consumer electronics maker Albatronics (Far East)
posted a loss of HK$520 million during the nine-month period since last April. A
major shareholder reveals that the company faces liquidation as its creditor banks
have refused any loan restructuring proposals.

-- Dick Martin
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