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 : IDT *(idtc) following this new issue?* -- Ignore unavailable to you. Want to Upgrade?


To: Peter Yang who wrote (9279)6/15/1999 3:13:00 PM
From: Brian Cotter  Read Replies (2) | Respond to of 30916
 
When I invest, the stock goes down....it's a new law. Sorry folks. Anyone shorting a stock? I'll buy it just to help you out.....I'm that kind of guy.

Any wisdom on what we're seeing........haven't been around long enough to tell if it's general internet sentiment, MM pre-roadshow manipulating (volume's too low for that!), waiting on A.G.,or what?

How's about a post from one of you pro's just to keep it interesting. I am certain that this is heading north soon.....but when?



To: Peter Yang who wrote (9279)6/15/1999 10:55:00 PM
From: Hawaii60  Read Replies (4) | Respond to of 30916
 
A serious question. Responses requested, re: NTOP shares.

As you all know, the companies S1 filing for NTOP did not initially contain a provision for any NTOP shares to existing shareholders. I believe at least part of the reason for this was that the company was still in negotiations with other partners such as NBC and wanted to make sure they had enough shares available to retain controlling interest and also, possibly to sell another 5% in the future for $100 a share or whatever it's trading at. My question is this. The company currently holds 66%. If they were to sell another 6% to a new partner or partners they would be leeft with 10% available (and still retain 51% control). Soo, what would be the best and most appropriate way to maximise shareholder value with these shares.

Should they give 5% to shareholders of record as of a certain date?

Should they sell shareholders of record an additional 5% at whatever it is priced at to the public and make another 5% availabel to these same shareholders if they are still of record on IDT at a date say 6 months later, at the original price?

What would you do if you were making the decision?

Thanks in advance.