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Technology Stocks : Nam Tai Elec. (NTAI) -- Ignore unavailable to you. Want to Upgrade?

To: DanD who wrote (1324)	4/2/1998 5:00:00 PM
From: Ron Bower	Respond to of 1696

VANCOUVER, Canada, April 2 /PRNewswire/ -- Nam Tai Electronics, Inc. (''Nam Tai'' or the ''Company'')(Nasdaq-NNM: NTAIF and NTAWF,) today confirmed its Chairman, Mr. M. K. Koo, filed a Form 144 on April 1, 1998 indicating a block sale of 560,000 shares at a price of $16.875 per share. According to Mr. Koo the shares were sold to reduce a margin loan outstanding and no further sales are contemplated for at least the next three months. ***************************** Wonder who bought the shares? Suppose the full dilution will be lower next quarter? Ron

To: DanD who wrote (1324)	4/2/1998 6:09:00 PM
From: SBerglowe	Read Replies (1) \| Respond to of 1696

The company has no understanding of how to operate in Wall Street's environment. I think if Mr Koo will concentrate on getting more customers for their manufacturing facility and less on manipulating the stock, we could one day have a real investment. For now I will maintain my token position which is about 12% of the position I once held. With this low PE it seems to be a value investment. It will be interesting to see what the company does next. However, many on this thread had predicted that Mr. Koo would sell his margined stock which he bought on the rights offering, and I'm sure someone on this thread has already calculated what his return was and perhaps will enlighten us. It's hard to maintain faith in the company.