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

To: JAMES F. CLASPILL III who wrote (1837)	12/31/1997 9:24:00 AM
From: dwight vickers	Respond to of 2985

The institutional investor would have been as guilty of trading on inside information as the insider, had he complained. He is obviously much more sophisticated (trust me) than what you describe. Remember, he bailed the day he learned what kind of financing had been done. So he obviously understands discounted convertibles, and what they do to share value. There are institutional investors and there are institutional investors. Just like there are bankers, and there are bankers. Once back in the late seventies I had to explain to one what the "money supply" was and its significance. And those were the days when everyone waited breathlessly for the "M" numbers to be released every Thursday, and the market would react wildly in response. So I'm not overly impressed with titles until I have listened and learned what someone really knows. Some pass, others don't. And of course, it's all just my measurement. People can pick and choose for themselves who they listen to. The IWN information he was "passed" was much bigger than what was announced. Actually there is only a few circumstances where inside information becomes available, and I find it to be less than reliable. As with NTN. So I tend to go with logic, experience, and traditional research. With NTN all of that has pointed to the disaster that it has become. Dwight