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


To: Susan Saline who wrote (2019)2/16/1998 4:42:00 PM
From: JAMES F. CLASPILL III  Read Replies (2) | Respond to of 2985
 
I remember your reason Sue.

Just wait and see, then make up your own mine based on what you see in the results and any improvements in the operations. That's the real test. Not the BS that is being passed here.

I believe in the end I will be rewarded for my patiences and confidence in the new management team in getting the company turned around. I have been buying more. If you have none, then why do you still hold the stock, other then love there games?

Have you been unable to get to the NTN site finder? I have no problem.

Jim



To: Susan Saline who wrote (2019)2/19/1998 11:03:00 PM
From: Scott W.  Read Replies (2) | Respond to of 2985
 
Susan:

I saw your message here and just had to reply. I really love the game as well. A few weeks ago they did a piece on NTN and the Showdown (Tuesday night) game on NPR's Morning Edition. They went to that bar in NY (Nickelodean) that you always see posting the top score in the country on many of the games. I heard it on the way to work and thought to make a quick stock purchase early in the day figuring that the publicity might result in a quick profit if I acted right away (this thought was before I checked out the stock). After seeing the stock trading at 1 1/16, and the charts showing that it had fallen there from around 4 over the past six to nine months; I dropped that idea real quick.

I've been watching it now for a couple of weeks, and while I don't quite understand all the issues surrounding this repurchase and converting thing people have been talking about (read between the public battle messages between those two other guys), I am amazed by the low trading volume (at least in terms of dollar value traded). The stock has since fallen from 1 1/16 to 0 7/8, but I've never seen more than 100,000 shares traded in a day. I couldn't figure out if everyone was waiting for this conversion people are talking about, or if everyone who wanted out is already out and the ones left don't see any point trading at such low prices. I'm still trying to digest this offshore short selling of non-existent shares theory that's been thrown out as an explanation.

Anyway, as you said it would be a shame to see the company go under, as the games are great. If it did go under I would save a lot of money as I make far too many trips per week to my local Friday's just to play (and of course I have to drink beer while I play<g>).

Scott W. (a.k.a. +DIRTBA 2.2M points)