Stock Watcher's Thread / Pix of the Week (POW) Message Board

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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)

VSAT 41.95

+0.1%

1:29 PM EST

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To: Francois Goelo who wrote (16182)	10/4/1999 8:43:00 PM
From: BarbaraT	Read Replies (1) of 52051

Yes, totally lost patience. Bought this when they first brought it out and paid as high as 1.65 (had about 20,000 shares) --- sold most of it around $1- $1.25 and another few thousand last week at .69. Just fed up in general. Only have 2500 shares left - and will sell them if I can get out at a better price. They have absolutely no revenues and it seems their business plan stinks (if they even have one). Their pricing of their product had to be reduced and they don't seem to have any advertisers lined up but are spending quite a bit of money traveling the world to line up financing ... and failing. Rather expensive, especially when the money is going out and none coming in. Have other "personal" reasons as well.

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