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


To: mod who wrote (1343)4/4/1998 11:41:00 AM
From: j rector  Respond to of 1696
 
>>However, if the shares
were bought from the CEO, that is an unusual situation that should have been disclosed
promptly, IMHO.

I agree with you Dennis. I just wonder whether NTAIF has
really violated securities laws if the company was the buyer.



To: mod who wrote (1343)4/4/1998 11:43:00 AM
From: John Sikora  Read Replies (1) | Respond to of 1696
 
Dennis,

I owned this stock last year...Then I was apalled by the actions of Mr. Koo (Mr. COUP!) and sold out my position. He insulted my intelligence as a shareholder, and I saw through his manipulative and self serving actions. Sure the company is undervalued...but trusting management is very high on my list of prerequisites for taking a position in a company...and Koo is not to be trusted. Just my opinion but there are a LOT of undervalued small companies with up front management working to enhance shareholder value...

john



To: mod who wrote (1343)4/4/1998 12:13:00 PM
From: Ron Bower  Respond to of 1696
 
Dennis,

My chart shows two 560K blocks being sold minutes apart. This would indicate a middle transaction to eliminate Koo selling directly to the company. I would think it's be hard to find a reputable brokerage willing to do a deal like that for fear of SEC sanction.

Ron



To: mod who wrote (1343)4/4/1998 3:19:00 PM
From: David Seltzer  Read Replies (1) | Respond to of 1696
 
I have a funny feeling that Koo sold his stock back to the company.Is it possible that the stock is "parked" at some market maker(parking is supposed to be illegal)?
Can someone call the company and ask about Koo's trade? I think I am persona non grata so I am not a good choice.
Will we ever get a backlog number? We get them when the quarter looks good,but not when the quarter is mediocre or below average.
Also,if Koo is waiting for the best time to make an acquisition he may miss the boat.This is equivalent to market timing.
Ron Erdman,the former CFO,was bright and articulate.He left the company,but I never really bought the story concerning his departure.I would love to have a candid conversation with him.

David