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   Technology StocksTaitron Components (TAIT)- Undiscovered Gem


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To: hoyasaxa who wrote (2)9/18/1996 3:48:00 AM
From: Dee Jay
   of 13
 
not until 10 minutes ago...quick tour of Techstock's resources shows nothing but yesterday's quote which you've listed on the other post.

Kindly give us some background and/or pointers to places where you've found data so we might evaluate it. The year's price range indicates someone was interested enough to bid up prices but they sure dropped back down more than a bit. Where's the beef?

Dee Jay

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To: Dee Jay who wrote (5)9/18/1996 6:03:00 PM
From: hoyasaxa
   of 13
 
PcQuote provided a few numbers. Not many know about this one (or write about it for that matter. But Yahoo stock news had two articles reporting quarterly improvements (Taits earning always improve...but very slowly and minutely). Good luck finding more info then me!

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To: hoyasaxa who wrote ()9/24/1996 9:36:00 PM
From: hoyasaxa
   of 13
 
No one gives a shit about this stock - or even knows it exists. shame

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To: hoyasaxa who wrote ()9/26/1996 9:44:00 PM
From: hoyasaxa
   of 13
 
Positive reference to components makers on cnbc todAY

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To: Dee Jay who wrote (5)9/29/1996 9:52:00 PM
From: hoyasaxa
   of 13
 
Any word on our undiscovered gem?

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To: hoyasaxa who wrote (9)9/30/1996 3:07:00 AM
From: Dee Jay
   of 13
 
nada, but then I haven't really looked. Will do so at some point.
Thanks,
Dee Jay

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To: hoyasaxa who wrote (9)9/30/1996 3:44:00 AM
From: Dee Jay
   of 13
 
there is a 10QS on file with the SEC at:
sec.gov

I read it hurriedly but it didn't strike me as an outstanding opportunity. They did say that 1995 was exceptionally good and 1996 was coming off that hihg. They invested big $$ in getting good deals on excess inventory production from mfrs. and used up a big credit line in doing so, more or less. They have gambled tha tthe reduced cost of this inventory will translate into better profit margins at some point in 1996 and that may be correct but it seems to be a gamble on their part.

An offshore investor purchased a Convertible Note which, if converted into Class A stock, could dilute eps upon conversion. Presumably that Note wouldn't be converted unless earnings were good and theprice of the stock appreciated nicely - but it does reflect a risk of eps dilution.

That's the most I could make of it for now. Probably not interesting enough (for me) to do anything unless and until it works down the inventory number which could translate into excellent profits - IF management took a prudent step in buying up that inventory and used up the revolving credit facility to do so. If the credit facility gets called and they don't have the cash to pay it, big trouble for TAIT.
IMHO.

Dee Jay

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To: Dee Jay who wrote (11)11/11/1996 8:48:00 AM
From: Don Kollmar
   of 13
 
To al,

I recently bought some shares in tait, and would be interested in any
news realease from the company or other share holders thoughts about tait having a come back soon?

Thanks

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To: Don Kollmar who wrote (12)2/5/1997 12:08:00 PM
From: Scott Taylor
   of 13
 
This little guy is coming to life today...although on slight volume. Earnings due soon?

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