Satellite Stocks - USSB, CQ, SPOT, QCOM, etc. Message Board

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Technology Stocks : Satellite Stocks - USSB, CQ, SPOT, QCOM, etc.

QCOM 181.10

+2.2%

3:55 PM EDT

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To: Noel who wrote (181)	8/20/1997 7:32:00 PM
From: Buck	of 222

Noel, the trouble I see with this stock, is there needs to be a fire lit under it. I think it may take one more quarter, and the fire will start. By the way, in my opinion, this stock is a major takeover candidate. There are only three licences sold by the United States for direct satellite broadcasting. USSB and Direct TV share one, Primestar has one and Echostar the other. Supposedly another covering North America can be sold by Mexico, however, they would have to answer to the Mexican Goverment. No one knows who that will be from week to week. Anybody wanting to get into direct satellite brodcasting is going to have to come up to the plate and throw down some serious money if they expect to play ball. In the mean time, the forcasts I have heard is 15 million dishs in 5 years. In-other-words, you haven't seem nothing yet!

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