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


To: Rich Genik who wrote (1897)1/27/1998 6:36:00 PM
From: dwight vickers  Read Replies (2) | Respond to of 2985
 
Rich,

Good watchdog job!

I'm going to assume that this isn't the good news that we were told to expect a while back.

Increasing working capital deficiency. Continuing operating losses. Potential of curtailing activities if things don't go as planned. Short sales and exotic option activities by the "REG. S/D guys". Chapter 7 liquidation warnings of who gets what.

I think I warned that the Preferred boys got the gold mine (such as it is) and the common shareholders got the shaft.

Certainly they aren't saying all these things will happen, but the corporate butt is being covered just in case. Shareholders are now duly warned.

I guess however much bad stuff I say on the boards isn't as bad as what the reality of the situation (in NTN's own words) turns out to be.

Note that at $7/8 the dilution is over 10 million shares. How about at $3/4 or $1/2.

REG.M is probably explained at EDGAR somewhere. Hope it helps to warn those boys, but I doubt it. I said at the start that they're a lot smarter than Sokol, haven't seen anything to change my mind yet.

Dwight



To: Rich Genik who wrote (1897)1/29/1998 2:59:00 PM
From: June  Read Replies (1) | Respond to of 2985
 
The reference to Regulation M was in the orginal S-3 also. Looks like boilerplate to me.

Thank you for bringing the amendment to our attention. If I get nothing else out of this investment, I will have acquired more investigative skills. But I still expect a nice return for my patience.

June