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


To: SBerglowe who wrote (1449)6/12/1998 4:50:00 PM
From: Hectorite  Read Replies (1) | Respond to of 1696
 
My guess: They ran out of stock buy-back money yesterday!



To: SBerglowe who wrote (1449)6/12/1998 8:43:00 PM
From: Jeff Egg  Read Replies (1) | Respond to of 1696
 
I was out today ( and I am glad). There does not appear to be any obvious news here and I would not be surprised if today's negative move on light volume is just another case of "The Asian Flu". This company gets many of it's components from Japan and I believe the cost side of the equation will help mitigate the pressure on sales to Japan.

They have had decreasing sales to Japan since 95, while Europe and North America account for the bulk of sales volume. As long as they keep OEM's online and keep the primary plant in operation......This stock is worth a hard look! With any stability in Asia it may be time to buy more if we see further price declines without significant change in the present scenario. Egg