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Technology Stocks : NTN Communications, worth 185 million? -- Ignore unavailable to you. Want to Upgrade?

To: Juliand who wrote (1835)	12/30/1997 8:52:00 PM
From: dwight vickers	Read Replies (1) \| Respond to of 2985

J, So you're saying that REG.S type abuses do not exist? Or just that you are not familiar with them? Some of the rules were changed a year or so ago to bring some of it out in the open. I suspect that NTN avoided the use of a REG.S specifically because of the bad image it has deservedly acquired. But the functioning of the REG.D is pretty much the same. Here are a couple of links where you can read up on discounted convertible financings: stockdetective.com tscn.com There also was a very detailed story in the WSJ within the last year detailing the abuses of REG.S. I naturally have never shorted offshore myself. But I can picture many ways it could happen. An international brokerage could lend the shares from it's inventory. How about an offshore (handholding type) broker who will sell the stock short with the signed financing as his guarantee that the REG.S/D financier can deliver the shares. This is most likely in my estimation. Not overly complicated, actually. And none of those people are obligated to report to our SEC. The second one is a link I haven't posted here before. J. Michael Pinson is a highly regarded market commentator. What kind of money are you managing? Good luck, Dwight

To: Juliand who wrote (1835)	12/30/1997 10:42:00 PM
From: JAMES F. CLASPILL III	Read Replies (1) \| Respond to of 2985

Juliand. Nice try, but you are wasteing your time here. He knows it all and you will not be able to change his mind. He's got this thing about the company. He will pick apart your reply. He replys with RegS when in fact it was a Reg "D". He hi lite sites that do not back his position but just presented to confuse the reader. I have gotten use to it. He makes a big point of the short position not being reported and then states why. From my understanding, the short position was less then 10,000 in October. Never bother to see what it was for November since none was reported for November. He a more sophisticated investor then you. He will tell you that. Jim