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Technology Stocks : American Mobile Satellite (skyc)
SKYC 6.1750.0%Feb 6 9:30 AM EST

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To: Gravitar who wrote (140)3/6/1998 12:30:00 PM
From: VALUESPEC  Read Replies (1) of 400
 
Gravitar, that is good news. There are a lot of kettles in the fire. The more that are taken out the better. Technically, SKYC seems unusually strong to me. It is hard to say for sure, but it appears that the market makers aren't real anxious to give away their share.

I say that because the they seem to be taking significantly more shares on the bid then they are giving away on the ask. Also, as the bid falls, the spread widens, indicating to me that they aren't anxious to get rid of the shares they have, but are hoping to pick some up cheap (unless a lot of selling continues and overwhelms them).

Anyway, any news on the ACTEL deal is the real news. ACTEL IPO's later this month. Also, FCC approvals are needed, etc., for the ACTEL deal.

SKYC: $ 7.81b $ 7.84a

VALUESPEC
valuespec.com
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