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.

Microcap & Penny Stocks : Saflink Corp. (ESAF) Biometric Software Provider -- Ignore unavailable to you. Want to Upgrade?

To: Sheldon C. who wrote (2336)	11/10/1997 7:08:00 PM
From: brad greene	Read Replies (1) \| Respond to of 4676

Sheldon, It is the 10-Q filed today that you need to read....There are very valid issues raised.......worthy of discussion on this thread. Trial in January Payment to Cogent in 4th quarter Shutting down certain operations outside of the headquarters....possible hit to sales. Money to last til the end of 97...additional financing needed after. 9 month loss greater than a year ago......9 month sales lower. and so on. bg ps. Jaffo.....did your 7 figure source let you down?

To: Sheldon C. who wrote (2336)	11/10/1997 9:58:00 PM
From: Gutterball	Respond to of 4676

Sheldon my man, you miss the point. An amendment usually restates some fact and when companies are having financial problems, they usually tell you things are worse than previously stated. Although I have not studied NRi's 10K/A and I do mean "i"--soon to be "ri"--A quick look shows they restated their EPS for 1996 as -0.31 instead of -0.26 which was originally reported. Some of this loss was due to interest paid on their preferred stock, something they knew about but neglected to report. No my man, you are getting jerked off and don't know it. How does it feel? I see where you are suggesting taking things up with Big John. There is only one question that needs asking--the one Jaffo neglected to ask last time. I suggest you guys start playing hard ball and ask the "Big One". You know the one I mean. Folks at Nri have not been up front as indicated by the 10K/A. There is enough preferred stock out there to drive NRID into single digits, and there will be more come years end. I feel sorry for Jaffo who talked those other guys in at a buck. Fortunately, there is still time to reconsider. I strongly suggest reducing exposure to NRID. There is plenty of time to buy it back cheaper--say 3-6 cents within 3-6 mos. I'm out of here!