Re: MMDS
I am still awake and that was very good. As you may know, I look at the short term, yet focus on companies that hopefully won't be bankrupt by the end of the year. I am aware of the satellite competition (and follow Loral on this basis), and am enthused and hopeful for both alternatives. The line of sight problems in development of the product have also contributed to the fall from grace of these companies. But if the investor has to wait till the end of the year for profitabilty, the stock will anticipate this profitability, usually by 6 mo. Probably all these companies are waiting for a buy-out offers from a Bell.
Granted, an individual investor/trader may not have the same patience as a mutual fund, but I was almost in disbelief as I read the number and quality of the funds who recently took large positions. I am not the only one looking at the bottom for investment opportunities.
There is, as you know, an analyst report on PCTV and HART that has targets that are "irrationally exuberant".
Please feel free to add, at any time, to the discussion on these or any other company/sector. And thanks.
Were you the guy that tried to nail me on CAWS?
P. Webster |
