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


To: kolo55 who wrote (1393)5/4/1998 1:06:00 PM
From: Shakush  Read Replies (2) | Respond to of 1696
 
I read on the weekend that the Euro introduction was or was expected to fuel a boom in calculator sales. Makes sense, wonder if we'll participate.



To: kolo55 who wrote (1393)5/4/1998 3:39:00 PM
From: Mike Yiu  Respond to of 1696
 
Paul or anyone,
What do you think of the new support level for the stock then? It drops to 15 7/16 now. It's weird - it was up in the morning and drop in the afternoon. I guess the news is out -- earning will comes below expectation.

Will it goes below 14 then after earning release?



To: kolo55 who wrote (1393)5/5/1998 5:52:00 PM
From: David Seltzer  Respond to of 1696
 
Paul,IMO not a very good Q1.A couple of things I found interesting:
1.They have sold all their Deswell shares.
2.Koo sold 560,000 shares on April 1,1998 at an average sales price of $16.88.The key word is sales price.It looks to me like the company brought 613,732 shares in Q2 at an average price of $16.56.Did Koo sell his shares back to the company? I hope some analyst asks the question.If my conjecture is correct I will call the SEC to see if this was legal.
3.Sales were down more than I thought,but profit margins improved.
4.The forward looking statements,at least for the next 2 quarters, do not look encouraging.
5.Acquisition update-"will yield results before the end of July 1998".What exactly does this mean? If another company used the same wording I would be optimistic.
6.I don't know if the analysts' eps projections of $.40+ for the quarter included non-operating income.

What are your thoughts?
David