To: jim geis who wrote (4053 ) 5/26/2000 11:11:00 AM From: SemiBull Read Replies (1) | Respond to of 4231
"So now we have Mattel(with the special warrant take over clause and biggest shareholder) sitting there like a Chesire Cat (with Amy Boyland;Senior Vice President Mattel Interactive (NYSE:MAT), now sitting on their Board) waiting for these guys to go under so they can buy them as an asset sale and appear to be the White Knight Savior for the shareholders." While this might appear a logical scenario, it is almost liablous to Amy Boyland. You may think NKCIF is a poorly managed company. I may infact agree that there have been certain actions taken of questionable to shareholders. But understand, I do NOT believe there is any evidence to support an allegation of inappropriate behavior of the Board. If I did, I would sell my shares and be done. This is where this thread has gone overboard. It one thing to point out the mistakes of management. It is another to raise this to accusational level. While I honestly understand your feelings having owned some stocks that have failed, I take full responsibility for these decisions. If a cause of action for fraud is supportable based on actual SEC documents and public statements, I will be out front with you. However, this is not the case. Speculation is valueless. I am quite disappoined in NKCIF's stock performance, but not to the point for which I am prepared to vote with my feet. I suggest that this is something you contemplate if you are truly upset. There is little to be gained by pursuing a cause against NKCIF even if there were grounds - "you are cutting your nose off to spite you face." Jim, I truly respect your opinion on NKCIF, have read each of your posts carefully and have found the great majoirty informative and useful. I have done the same for all others on this thread. This comment is also intended for "e" who, like yourself, can bring intelligent criticism and commentary of NKCIF. However, I think we would all be better served to focus on NewKidCo's mistakes, and not potential SEC violations. If we hone down the criticism to pointed issues, each of us can may informed decision on whether to hold, fold or potentially rattle off concerned notes and calls to management. Once we reach a shrill level though, this thread becomes nothing more than a vent machine, to which its value suffers substantially. May we all profit from NKCIF and this experience in some way shape or form. SemiBull