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


To: Jerry Fox who wrote (82)5/7/1998 11:22:00 AM
From: Tony O  Read Replies (1) | Respond to of 2444
 
Jerry... You will probably see some profit taking in the next few days...... i agree with you....here's a stock that has gone way up way too fast.......i don't like the idea that they issued 4.4 million shares at $2.56 and also 2 million warrants at $2.25 with 2 million more for the next year.....i really don't like the idea that the stock was .10 cents ago....if you buy the stock now how and why would you think it would or could go much higher......that would be "risky"... the higher the risk the higher the return i don't think applies at this stock price at this time.......be careful the stock is at/ near it's all time high ... so any one who bought the stock earlier will most likely make some kind of profit....and isn't that why they bought the stock in the first place....good luck...tony o



To: Jerry Fox who wrote (82)5/7/1998 12:17:00 PM
From: Rich Kaiser  Respond to of 2444
 
Hi Jerry,

It's expected but I'm in for the long haul. I'm not concern with the correction. A lot of stock moved hands these last few weeks.

The employee option package compensates the hard work these individuals put into product development. The option package has all shorts of contingent agreements to whom ever received them. A large portion of the options will be used for incentive programs which are geared for performance for sales personnel- can't be activated until proof of performance.

Again, I'm still expect some serious news from Europe. I understand ICI will make another announcement....

DON'T PANIC... Let the Market play itself out. I stated earlier that If got to $4.00 major houses would leverage a position. I know I hate the short game but its a fact of market mechanisms which, unfortunately, we have no control over...

I'M IN FOR THE LONG-HAUL... Just bought more prior to the post....
Correction sign tells me to buy... I follow facts about corporate status not some greedy broker(s) playing a short game on NIR.

Keep smiling... NIR continues to "WALK-TALL"

Rich :)