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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)
VSAT 38.54+2.4%Jan 5 3:59 PM EST

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To: Stock Watcher who wrote (10198)6/8/1999 12:02:00 PM
From: RikRichter   of 52051
 
SW - Bought Socket Communications (BB: SCKT, SCKTW). Interesting speculation currently at .55 to .59. Maker of connection devices for Windows CE-based PC's and other devices for use in networking, bar code scanning, data communications and wireless Internet connectivity. Deals announced with MOT, CPQ, MSFT, UNISYS, Symbol Technologies and Zebra Technologies. Also, new deal last week with Bell Mobility (affiliate of Bell Canada) for Digital Phone Card for wireless Internet access. About 15 million fully diluted shares giving it a micro-cap valuation. Balance sheet needs help but the co. has hired Spencer, Trask, NY investment bankers for sources of capital. Are you familiar with SCKT? TIA. Regards.
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