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Technology Stocks : Noise Cancellation Technology (NCTI) -- Ignore unavailable to you. Want to Upgrade?


To: Dixie7777 who wrote (2357)9/30/1998 1:34:00 PM
From: TA2K  Read Replies (1) | Respond to of 2775
 
Today is an unusually bloody market day....

Only 28 stocks are currently up....
(in low price range, vol>50K, price increase>5%)

So NCTI is not doing all that badly in the present environment.

Our intra-day moving averages have unfortunately been slowly gravitating toward the lower trading range (17/32), and I don't like seeing that. There's a slight bias toward the sellers.

There are periodic buying spurts, however, that are quite reassuring.

And I think we have a real ace-in-the-hole that most other stocks don't have (besides our good technology, etc.), and that is 'The Godfather' (NCT stock-buyback) whom you know is on the sidelines, a true buyer, and will buy whenever it appears opportune. I trust that he will keep our price from falling. All he need do is step in and buy another 50,000, and our market is instantly reassured. We have a truly amazing ally here.

Nicholas



To: Dixie7777 who wrote (2357)9/30/1998 5:17:00 PM
From: pgl52  Read Replies (1) | Respond to of 2775
 
okay thanks for clearing that up. now, how about the dilution, with 150 million shares out, how will this ever make it?