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Microcap & Penny Stocks : Short Term Picks From the 'Whiz' Kid -- Ignore unavailable to you. Want to Upgrade?


To: Daniel Miller who wrote (3953)3/6/1999 10:53:00 PM
From: KZAP  Read Replies (1) | Respond to of 9115
 
NCTI - Rev's fell 53% the last 9 mos ending 9/30/98
Net loss fell 73% during the same period.
BV (book value) is one cent.
Chart is in a down trend.
Has recent volume. It is close to the 52 week low.
Selling the last 3 mos. is twice the rate of buying.
Delisted from the Nasdaq 11/98

KZAP



To: Daniel Miller who wrote (3953)3/7/1999 7:08:00 AM
From: Rande Is  Respond to of 9115
 
Daniel, I have watched NCTI for over a year and a half. . .

Love their noise cancellation technology. . .airlines . . .factories, etc. I have heard their radio ads about their headphones. . . and have read accounts of those that visited the company. . . I followed the thread for nearly 6 months.

I watched as many over the years, saw it as the great little company it was. Then it would get picked or have fantastic news. . .and it would run from say 1.25 to 1.50 before tiring and falling back. Why? Because of that ridiculous float.

LOTS of people own tons of NCTI above a buck or two, but even though volume may look enticing. . .when you compare it to the float available. . .the percentage of float traded on average daily is still very very small.

The only thing that will ever save this company from going the way of LTGL is a great big reverse split. 1 for 100 would put them at 1.2 million shares where they need to be. . . of course all those that really love the company would suddenly hate them . . .but I think it is inevitable. I can't imagine them buying back their shares, so an RS is more likely, IMO.

They do have some great products. . and have even cut some serious deals with big companies. . .but what good is it if it doesn't move the price, due to the float size? If anything, I could see them as a good takeover target. . .a position play. . .a good one for that matter, they do have great technology. But that could take months or years before they get taken over, if ever. I just don't see it making a good momentum play until after an RS.

But I must say this. . . at least this is not a scam company or a Canadian penny or similar. . .it is a real company, with great products and a chance of making it in the real world someday. . . so there is satisfaction in knowing that.

Hope that helps put things in perspective for you some and best wishes always.

Rande Is



To: Daniel Miller who wrote (3953)3/7/1999 3:33:00 PM
From: Mr Metals  Read Replies (1) | Respond to of 9115
 
NCTI IS A POS WITH FLEAS....I've known this company for almost 6 years...BAD PICK DM.....

MM