Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (23188)	12/29/2000 6:55:36 PM
From: JoeinIowa	Read Replies (1) \| Respond to of 29382

Sergio, Just returned through a winter blizzard in the midwest. Missed all of todays trading but did just look at the price of Feb NG. I think it has a real chance of hitting 12-15 short term. From everything I read we will be running out of reserves by winters end. What price is it worth then? Did you see Raymond James article this week? raymondjames.com Joe

To: Sergio H who wrote (23188)	12/30/2000 1:08:41 AM
From: Ken W	Read Replies (1) \| Respond to of 29382

Sergio: A little blurb from MTIC's filings: Pursuant to the EMC Agreement, the Company is entitled to receive $30.0 million over the life of this agreement, in six equal annual installments of $5.0 million each. The Company has received five of the six installments. The sixth and final payment is due January 2001. The Company will also receive royalty payments in the aggregate of up to a maximum of $30.0 million over the term of the EMC Agreement. As part of the maximum $30.0 million of royalties, minimum royalties of $10.0 million will be received in five annual installments, beginning within thirty days of the first anniversary of the effective date of the EMC Agreement, and within thirty days of each subsequent anniversary thereof. The first four annual installments were received in March 1997, March 1998, March 1999 and March 2000. Also, pursuant to the terms of the EMC Agreement, $10.0 million of the maximum $30.0 million of royalties, will be received in five equal annual installments as a result of a computer and technology agreement between EMC and IBM announced in March 1999. The first annual installment was received in March 2000. The EMC Agreement provides that the remaining four payments will be received annually beginning in March 2001. Certainly could not hurt the bottom line eh? Ken