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Re: PeteZerria post# 1291

Monday, 03/11/2002 3:06:56 PM

Monday, March 11, 2002 3:06:56 PM

Post# of 2893
Pete,

No apology necessary, we all get a little carried away at times. I became interested in NPCT only recently, when a certain unnamed very inflammatory individual was trashing NPCT and several users here. My research agreed with several of the points this negative person presented (CEO history, dilutive financing, lacking sufficient cash for growth, etc.) but there were several positive factors that have kept my interest in NPCT since that unfortunate individuals departure. Anytime I see a stock double I want to find out why. Besides, I do a lot of work with companies that provide traffic control devices and there is some buzz about LED's, etc.
While I will grant that the CEO has had troubles in his past, it was a long time ago and he has managed to attract some talented individuals as you correctly stress in your post. It does appear that there is a viable product generating some interest. The only major hitch is the financing. I suspect this may be the reason for the current "ceiling" at $1.75.
I am looking for the announcement concerning the financing before jumping on board. Yes, I may not make as much as those that bought in now or before now, but I like my Risk/Reward ratio much better post financing than pre-financing. After all, if the financing were to be toxic as some have speculated I would have nothing at risk.

The Bird of Prey

The Bird of Prey
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