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Microcap & Penny Stocks : JTS- "A Nordic Drive in Every PC and laptop" -- Ignore unavailable to you. Want to Upgrade?


To: Naggrachi who wrote (1734)2/12/1998 11:36:00 PM
From: Trey McAtee  Read Replies (1) | Respond to of 1985
 
zead--

sorry, i guess that was a bit cryptic. my partner and i have been trading JTS over the last week or so. however, my history with JTS is much more substantial. we held ATC, then JTS through the merger. yes, we missed the great sellout opp at 8-9. however, we sold the position a while back, and have not held JTS until last week.

as for the comments about a B/O, the logic is quite simple. the operation is not bad, its the management. any acquirer would be very happy with the operations. from a long term strategic standpoint it makes since for some one to acuire the company for what amounts to chump change. with better management it could easily be a great company.

the problem is that management likes to shoot itself in the foot with overoptomistic comments, which means that analysts get pissed at them, brokerages dont follow them, and banks wont return calls. so, they are forced to dig the whole a little deeper by issuing stock, which alienates shareholders.

however, with a buyout the problems dissapeer, and the new parent company gets a built in indian operation.

that being said, my comment was just an opinion. i am not buying JTS stock in the hopes of a buyout. i am buying it for a 1/8-1/4 point increase, and thats all.but...the prospect is there.

good luck to all,
trey



To: Naggrachi who wrote (1734)2/13/1998 3:42:00 PM
From: DVAN  Read Replies (2) | Respond to of 1985
 
To: Trey McAtee (1730 )
From: niggerochi
Thursday, Feb 12 1998 7:26PM EST
Reply # of 1738

<<have any of you considered the possibility of a buyout by another firm? >>

>>>Trey, do you know something we don't? Or is that just a mere >>>suggestion. You mentioned in an earlier post "were trading JTS," >>>who's we?

There were tow posts on the Yahoo chat (for what that's worth) that both indicated deals that some construed as buyouts. One was a deal "very very very" close to signing (rumored to be HP), the other was supposedly an already signed deal with Packard Bell (birds of a feather?).

Nothing definite, but perhaps clues upon which others can shed some additional light?

- Dave