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Technology Stocks : Nam Tai Elec. (NTAI)

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To: mod who wrote (1557)2/17/1999 1:38:00 PM
From: Dick Martin  Read Replies (1) of 1696
 
Why are they so confident that the second half of the year will be so good? Have some major new contracts been signed?
"We are confident that Nam Tai's results will rebound strongly in 1999 and the increase in the
dividend is intended to show our confidence in this positive outlook, especially for the second half of the year"

I think the game with the share price is to get the warrants to convert, this would be a major coup for Koo as the company has been repurchasing shares at bargain prices. Then we would have all kinds of money to throw around. The Albatronics deal is running to close by the end of the month so keep alert for news.

Dick Martin
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