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Technology Stocks : NextCard, Inc. (NXCD) -- Ignore unavailable to you. Want to Upgrade?

To: Mike Woelfer who wrote (170)	2/12/2002 5:23:35 PM
From: Buckey	Respond to of 192

There are a hundred unanswered questions - Post 51092 from the Yahoo board a muct read Hi, Kids! Today I spoke with the FDIC, and a few of our questions were answered quite clearly. 1) Is Nextcard responsible for the uninsured deposits? He stated, "no, the NextBANK stockholders and the parent company are. NextBANK is no longer NextCARD's liability, nor is it an asset." I always thought NextCARD WAS the parent company, but he told me I needed to "look at the way these things are incorporated." He said Nextcard and Nextbank were like brother/sister in relationship, and I told him that this complicated scenario was "way too incestuous and Mississippi-ish" for my blood. I asked if NCI was the parent company, but he said we need to look at the articles of incorporation and the way they were drawn up in this particular instance. 2) Is Nextcard still in possession of their credit card portfolio? He said that the FDIC is regulating the portfolio, but that Nextcard can still sell the portfolio and list it as an asset. When I called Nextcard a shell company, he quickly stated it was much more than just a shell. 3) Nextcard is not closed, and he said it made perfect sense that they would still want to sell the company. Eliter, Periclytes, anyone who likes to read documents... have at it. This is my confusing and very blonde contribution for the day. I hope you all had a good one. Waif

To: Mike Woelfer who wrote (170)	2/15/2002 7:29:56 AM
From: Buckey	Read Replies (1) \| Respond to of 192

I am doing some float stuff moneycentral.msn.com. NextCard, Inc.: Ownership Ownership Information Shares Outstanding 53,605,000 Institutional Ownership (%) 51.00 Top 10 Institutions (%) 37.74 Mutual Fund Ownership (%) 16.28 5%/Insider Ownership (%) 46.09 Float (%) 53.91 Ownership Activity # of Holders Shares Total Positions 69 27,321,916 New Positions 10 1,422,597 Soldout Positions 18 -2,370,700 Net Position Change -4 -2,164,933 Buyers 32 5,807,178 Sellers 36 -7,972,111 Top 15: Institutional Ownership Mutual Fund Ownership 5% Ownership Institution Name Shs Held Shs Chg %Chg $Chg* %Out %Port Rpt Date Rs Investment Management, Inc. 4,472,450 -17,550 0.0 -105 8.3 0.7 09-30-01 Second Curve Management Llc 3,484,804 676,466 24.0 4,059 6.5 5.5 09-30-01 Sequoia Capital 2,442,081 0 0.0 0 4.6 9.9 09-30-01 Berger Financial Group Llc 2,192,290 -397,580 -15.0 -2,385 4.1 0.2 09-30-01 Pequot Capital Mgmt 2,188,400 1,857,600 562.0 11,146 4.1 0.2 09-30-01 Oppenheimerfunds 1,204,800 0 0.0 0 2.2 0.0 09-30-01 Morgan (jp) Fleming Asset Mgmt (us) 1,157,463 28,791 3.0 173 2.2 0.0 09-30-01 Rice Hall James & Associates 1,131,650 1,131,650 100.0 6,790 2.1 0.6 09-30-01 Feirstein Capital Mgmt Llc 1,000,000 -3,800,000 -79.0 -22,800 1.9 2.7 09-30-01 Dimensional Fund Advisors 958,083 827,483 634.0 4,965 1.8 0.0 09-30-01 Barclays Global Investors Intl 841,022 141,518 20.0 849 1.6 0.0 09-30-01 Aesop Capital Partners Llp 814,000 -40,400 -5.0 -242 1.5 6.0 09-30-01 Wells Capital Management 557,000 231,535 71.0 1,389 1.0 0.0 09-30-01 Invesco Inc 479,500 197,500 70.0 1,185 0.9 0.0 09-30-01 Calpers (ca Public Employees Retirement Sys) 467,600 0 0.0 0 0.9 0.0 09-30-01