American Mobile Satellite (skyc) Message Board

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Technology Stocks : American Mobile Satellite (skyc)

SKYC 4.600

-22.7%

Jan 9 11:57 AM EST

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To: VALUESPEC who wrote (260)	5/18/1998 9:30:00 AM
From: VALUESPEC	of 400

In pre-market trading, SKYC is moving up. Now $ 12.50b $ 12.62a. The fact that SKYC closed significantly above resistance on Friday makes today very interesting. Also, with SKYC starting to get more coverage as the time for its digital radio roll-out gets closer and its other markets either grow steadily or quickly, this stock could really start to move. It is now $ 12.50b $ 12.75 pre-market opening to five minutes to go. I will probably buy puts to protect part of my position, if the stock rises far enough. I'm not sure where I want to sell, because at some point, this stock has the potential to go much higher than any of us probably expect. Of course, things could disappoint us, but in any case, it is nice to see some nice basing since the bond offering. $ 12.62b $ 12.75a (pre-opening- Opps, now $ 12.75b $ 17.88a) VALUESPEC

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