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Gold/Mining/Energy : Napier International Technologies Inc. (T.NIR) -- Ignore unavailable to you. Want to Upgrade?


To: sunshine who wrote (67)5/4/1998 4:50:00 PM
From: Rich Kaiser  Respond to of 2444
 
Hi Sunshine,
Since the US military down sizing,limits on the award of a military contract depressed the defense sector of a business or completely dissolved a whole industry. The Military only look at companies that will reduce current methods imposed on operations. Napier will replace current NAVY Specs on vessel refurbishments. Once a military division approves a contract it is usually in the millions. Then Napier would replace the Military specs on vehicle,aviation, and vessel repaint jobs. Military contracts become "Bankable" account receivables for additional funds ,if needed it, from both the US Gov't and private sectors. I would think that the price would double from whatever the current price per share on that day of the announcement.

Yes, I agree another great day.... Lets look for around $4.00 Tomorrow. If it gets to $4.00 it will go to $6.00 because broker houses will have more leverage at 4.00 to bring it to high trading levels.

Happy Trading!!!

Rich :)