To: PitBull who wrote (7106 ) 8/1/1998 11:47:00 PM From: sublettd Read Replies (1) | Respond to of 8835
I'll toss a decent stock out to the crowd. It's NCTI (Noise Cancellation Technology). Noise--as we call it--is working its way back out of the cellar. Recently bottomed at 1/2 and closed Friday at 5/8+. The company recently announced a buy back of 10,000,000 shares. Go to nct-active.com and look under "What's New". There you will find a synopsis of the last year's news releases. You'll note such companies as Intel, VLSI, Oki Electronics, Siemens, Westinghouse, HM Electronics, United Airlines, Applied Voice Recognition, and a host of others have licensed NCTI's technology. Expect to see others such as Texas Instruments, Telex, Plantronics, Motorola, etc. coming on board soon to license NCTI's ClearSpeech(TM) technology. The company also has a line of flat panel speakers (2" deep) which it is marketing under the Gekko (TM) label. NCTI also has a cross licensing agreement with Verity (NXT) corporation in England for the flat-panel technology. Verity announced last week that it has now signed 47 licensees of the technology. NCTI gets a royalty of at least 10 cents for each speaker manufactured under the licensing agreement. Doesn't sound like much until you realize there are several BILLION speakers manufactured each year. In the 2000 model year cars you'll see speakers in the headliners of automobiles. It's called Top Down Surround Sound (TDSS) (TM) and is owned jointly by NCTI and Johnson Controls. I could go on about the stock, but you need to do some research for yourself. The long pole in the tent is NCTI has about 140,000,000 shares outstanding. However, they are starting to rectify that with the share buyback. NCTI has no debt whatsoever. I'll be glad to answer any questions you might have. Don