Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: dwight vickers who wrote (2022)	2/16/1998 6:49:00 PM
From: June	Read Replies (1) \| Respond to of 2985

Just so we are reading from the same page this is from the S8: "The actual number of Conversion Shares into which the Series B Preferred Stock shall be converted will depend on the Conversion Price in effect on the relevant conversion date, but the Company will not be required to issue Conversion Shares to the extent that it is prohibited from doing so by applicable law or the rules or regulations of the American Stock Exchange or other exchange on which the Common Stock is then traded. Consequently, the Company will not issue any Conversion Shares if, as a consequence of such issuance and all prior issuances of Conversion Shares, the aggregate number of Conversion Shares would exceed 19.9% of the Common Stock outstanding as of October 31, 1997." I read this to mean 19.9% of 23.7M shares would be 4.7M conversion shares, bringing the total to 28.4M shares maximum. 4.7M is 16.5% of 28.4M.

To: dwight vickers who wrote (2022)	2/16/1998 7:04:00 PM
From: Rich Genik	Read Replies (1) \| Respond to of 2985

Dwight, Thanks for the info on margin accounts. I don't buy shares on margin; I can afford to everything, but not everything*2 ;-) Yeah, I'd mentioned that 20%+ for $7M figure for last year; sorta depressing... As for the site finder, I find it intermittent. I would venture to guess that this is due to their transfer to a Windows based platform; perhaps only IE4 works? That's an MS compatibility issue as MS has been trying to make IE4 the only totally working browser. btw... Rich