SATX, ORDERS IN, PRODUCTS READY TO SHIP Message Board

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Microcap & Penny Stocks : SATX, ORDERS IN, PRODUCTS READY TO SHIP

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To: Joe Copia who wrote (265)	6/25/1999 2:15:00 PM
From: SIW	Read Replies (1) of 292

I am not trying to defend this company, which, to be honest, I know relatively little about (which is probably a lot by some people's standards, ggg). That being said, this is obviously a merger/turnaround play with SATX buying DebitFone...even going so far as to install them as NEW management. Coming out of the box with a contract worth at least 9, possibly $20 Million isn't to bad a start for the "new" SATX. How big is this market? Well, their PR (take it for what it's worth) states that Investors Business Daily projected the prepaid cellular market to have 12 Million users by 2006...that probably pans out to multi billions in revenue...SATX is poised to be a player here. Not saying to bet the house on it, but to me, it's worth a poke and a look see. SIW

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