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Technology Stocks : Nam Tai Elec. (NTAI) -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (1675)10/30/2002 9:01:24 PM
From: Dick Martin  Respond to of 1696
 
I tend to think that management want the warrants to exercise, they have done several good news releases recently and in the past have extended the expiry date. With todays closing price just a nickle from the exercise price, we are likely to be in the money tomorrow. Warrants are just a gamble, I think the odds are that we will be in the money with these by a couple of bucks by expiry date. My broker wants instructions before Nov. 19 so I may hold until just before then.

Best of luck in your Investments
Dick Martin



To: Paul Senior who wrote (1675)11/5/2002 5:36:24 PM
From: Dick Martin  Read Replies (1) | Respond to of 1696
 
Look at this- these guys never cease to amaze me, now they got this situation where some broker is in a short squeeze for 42,250 shares.

Dick

NAM TAI ELECTRONICS, INC. CLARIFIES RECENT RULE 144 FILINGS

VANCOUVER, CANADA November 5, 2002 -- Nam Tai Electronics, Inc., ("Nam Tai"
or the "Company") (NASDAQ/NM Symbol: NTAI and NTAIW; CBOE Symbol: QNA) today
announced that recent Rule 144 filings filed on behalf of its Chairman, Mr.
Tadao Murakami, and its Chief Financial Officer, Ming Kown Koo by their
broker relates to a sale of shares which was made without their
instructions. As a result of a mistaken understanding by the broker 42,250
shares were sold in error for the accounts of Mr. Murakami and Mr. Koo
respectively. Both Mr. Murakami and Mr. Koo had recently opened accounts
with the broker but neither Mr. Murakami nor Mr. Koo provided the broker
with any selling instructions and are requesting that the transactions be
reversed.

Nam Tai Electronics, Inc. is an electronics design and manufacturing service
provider to some of the world's leading original equipment manufacturers.
Nam Tai manufactures telecommunication products, palm-sized PCs, personal
digital assistants, linguistic products, calculators and various components
including LCD modules and RF modules both for mobile phones, transformers
and LCD panels. The Company utilizes advanced production technologies such
as chip on board (COB), chip on glass (COG), chip on film (COF), surface
mount technology (SMT), ball grid array (BGA), tape automated bonding (TAB),
and outer lead bondin

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Pan Pacific I.R. Ltd.
Representing Nam Tai Electronics, Inc.
c/o 1790 - 999 West Hastings Street
Vancouver BC V6C 2W2
Tel: 604-669-7800 Fax: 604-669-7816
Toll Free Tel/Fax: 1-800-661-8831

Contact: Lorne Waldman
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