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


To: dwight vickers who wrote (2046)2/20/1998 8:10:00 PM
From: Scott W.  Read Replies (1) | Respond to of 2985
 
Dwight:

I'm judging strictly by the stock price. I make no pretense at thinking I'm a cagey enough investor to make money on a stock that's in a nose dive and currently trading at less than $1. Last time I checked you couldn't sell a stock short that was trading at less than $5, which looks like the only proven way to make money on NTN, at least lately. As I told Susan, I started looking into NTN based on the fact that I was familiar with their product from playing the game, and the fact that they got some free positive publicity courtesy of the NPR story on 1/14/98. All I was originally hoping for was to buy some right at the opening on 1/14 and keep it for a few days in the hopes it would go up 10 or 15% based on the story. I dropped that idea real quick after I saw it was trading just over $1 and had fallen there from $4 in just a few months.

Now I'm simply a spectator, and my only interest is that I'd like to see them survive just because I like the game. As an unsophisticated investor I wouldn't touch NTN for the foreseeable future.

Scott W.