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Technology Stocks : Norsat Intl (Nasdaq:NSAT)value and growth in Wireless
NSAT 11.500.0%Jul 20 5:00 PM EST

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To: LT who wrote (40)10/15/1999 2:48:00 PM
From: Mr. Miller  Read Replies (1) of 397
 
It is GOING to be a hot sector. Relatively speaking, there isn't much news at all. NSATF needs to get more contracts at this point to get a lead in market acceptance of its products. They have a dominant force provided by IMT Comsys, but they need contracts.

Here is a site found by the people over on yahoo:
itri.loyola.edu

It lists figures to a larger report about the satellite industry. Click on any URL number and you can get the text that goes with the figures. Very good reading.

Also, the fact that Spotbeam has NSATF as one of its shakers and movers in this space tells a great deal about this company's potential. Patience is key here. Any movement will be for future excitement in the satellite internet space as any activity now is extremely low. This is the ground level for internet via satellite. Finding the companies who will prosper most will be difficult, but NSATF is one of those that IMHO has enormous potential to benefit. They are making the best ground station ODU on the market and they have a 40-50% market share for the LNBs on the satellites. You put them on the satellites; it just makes sense that companies will buy them for the ground station(SITs) as Nortel has. I expect more deals to be forthcoming. When the stock price starts to reflect this is the unknown. It may have begun. The 50-day moving average is finally caught up after the great move in late August/early September. Technicals can help, but NSATF needs some coverage. Without a voice the volume will be low and ownership by institutions will be absent. Buying at these levels is for the speculative investor as it could be dead money for some time(unknown how long IMHO), but timing is not my strength. I would be accepting if we sat still or trended sideways for a while. I just do not know when it will hit. When it does, it will be big, IMHO. The future looks very bright for this small company and most definitely for this industry. BTW, if one were to wait for revenues to be realized before buying, it would be a much more valuable stock. The small companies always start to move way ahead of realized revenues. The product has to be liked and the industry has to be loved by wallstreet. Once discovered, these levels won't be around. Just think of the impact of satellite internet access everywhere outside the US. This is an enormous market and major force to reckon with for the existing telcos. This last mile solution is the final frontier solution. The small investors find these gems, and the big boys carry it higher. At these levels, the return could be enormous. I am betting on it...

Miller
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