SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : INCE - Intercell info??? -- Ignore unavailable to you. Want to Upgrade?


To: Joe Copia who wrote (2819)7/25/1998 3:17:00 PM
From: Juli  Read Replies (2) | Respond to of 3358
 
Joe you addressed this to Bill, but I will give my opinion anyway. I am sure you are right in the short term, but when the shares from the convertibles start hiting the market, you will see a different story. I believe it will take a lot of money to bring this technology to market. I do not think it will be two years before NPCT goes through the 8.5 million. You would do yourself a favor to look up the March issue of Bloomberg and read about floorless convertibles. You can also do a search on Zeev Hed and find numerous discussions of floorless (incidentally Zeev coined this phrase, Bloomberg called them Death Spiral Convertibles). You can check some of the stocks that Zeev has discussed and see where these convertibles lead them.

Jewel



To: Joe Copia who wrote (2819)7/25/1998 3:37:00 PM
From: Bill Pearson  Respond to of 3358
 
Joe - i just read a post from Raging Bull:

ragingbull.com

It seems that those who have been saying that INCE is also a stock worth considering are right.

If INCE owns 70% or more of NPCT's market cap at any given point in time, and if NPCT's share price goes to $10, as anticipated, that gives NPCT a market cap of over $120 million. 70% of that is $84 million (INCE's book value). Even with 40-50 million shares out...INCE has a strong book value per share....seemingly deserving of a much much higher trading price than $0.08.

Unless I'm missing something, it seems that INCE holds more potential to be a 10 bagger from $0.08, then NPCT does from $4 (assuming new investors could get NPCT for that on Monday morning).

Since all this is built on speculation anyway, and since NPCT won't generate revenue for 1-2 yrs., why wouldn't the average investor want to play both stocks? Regardless of the potential for a reverse split on INCE, which seems to me to be unnecessary unless INCE (a pure shell) tries to raise capital, then the prospects for a rapidly growing INCE book value due to NPCT's increasing share price/market cap, is definitively intact.

Maybe I'm missing something, but INCE seems to be as strong a value as NPCT, and then some, since the average investor can buy more leverage when buying INCE, by being able to buy more shares at a lower price. At $0.08/sh it's not too difficult to double ones money, and then some. As NPCT's share price increases doubling your money will become harder and harder.

Bill