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


To: DanD who wrote (1479)9/13/1998 11:13:00 PM
From: The Thrifty Investor  Read Replies (1) | Respond to of 1696
 
Nam Tai is buying 50% of Albatronics for HK$70 million and is making a general offer for all outstanding shares following the deal. Given the market crash in general and Albatronics stock price history in particular, I'm happy that Koo did wait until now to make his major purchase. His market timing is excellent. For Albatronics' stock history follow the link:

cbs.marketwatch.com

For the details on the purchase including the new shares that are being issued see:

biz.yahoo.com

For more information on Albatronics see:

irasia.com

Hopefully, Nam Tai will be well positioned for the eventual recovery.

Good Luck,
The Thrifty Investor