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

To: David in Ontario who wrote (1489)	8/27/1998 1:07:00 PM
From: DAVID IN B.C.	Read Replies (1) \| Respond to of 2444

Tim how did you guess the sub 1.50 price level that was weeks ago what crystal ball are you peering into?? Remember guys rumours are rumours because by definition they can not be proven. Well I am now officially a long term hold investor on the tse 35 stocks I own thank christ they pay dividends. Good luck guys My guess is the Dow closes down 400 + Toronto 500+ Just like Hurricane Bonnie!!!!!!!!!!!!!!1

To: David in Ontario who wrote (1489)	8/27/1998 1:14:00 PM
From: David in Ontario	Respond to of 2444

I read the Annual Review (from May) again last night: More established companies have a cash reserve that they can use to buy back stock and help maintain a share price above a pre-set base. Furthermore, when a company is known to be buying its own stock that shows they have faith in the company going forward and it sends a good signal to shareholders At this early stage in Napier's development - with their new product lines - they only have small cash reserves (Report) - assigned for further R&D I guess - so I doubt if they have any real ability to buy their own stock - as a company - as these levels. This makes the stock even more prone to manipulation. The best they can do is for Insiders to grab some - which I hope to see in upcoming Insider's buy/sell reports David.

To: David in Ontario who wrote (1489)	8/28/1998 12:20:00 PM
From: chris	Read Replies (1) \| Respond to of 2444

"Napier should come out with a statement THIS week and comment on the decline in the stock price - plus throwing in the numbers that they should have included in the last News would be appreciated!" Your absolutely right David, I also think Napier should do a number of other things, including: returning phone calls in a reasonable amount of time (everybody, from the top down); ship samples out when they say they are going to; not say things they don't mean(that may be recorded); step up to the plate and defend their stock(when the bottom is falling out); release news as it becomes available; (good or bad) and they better not issue more cheap paper or any paper for that matter at their board meeting next week.(either to themselves of close friends/relatives) If more warrants or options are to be granted, i think it should be discussed at a share-holder meeting, not just between the board members(who have sold a good portion of their own stock for a nice profit already) I don't want to see any window dressing either. Unreturned phone calls, lack of any type of defense in a stock sell-off, insider selling and not buying, with-holding pertinent news at their leisure, and issuing of cheap options is no one of winning investor confidence, never mind institutional players. We desperately need Napier's management to step in before it's too late. You've learned from your mistakes, now take the appropriate measures, which have been discussed here many times, and stand up for the company and your share-holders. Still long but not so strong, chris.