Norsat Intl (Nasdaq:NSAT)value and growth in Wireless Message Board

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Technology Stocks : Norsat Intl (Nasdaq:NSAT)value and growth in Wireless

NSAT 11.50

0.0%

Jul 20 5:00 PM EST

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To: LT who wrote (99)	11/18/1999 5:16:00 PM
From: David Smith	Read Replies (4) of 397

Institutional buyers all over NSATF today. I saw Sherwood take the stock up to 6 3/4, the high of the day, and then sit there on the bid for 30 minutes while getting hit with lot after lot from short-term retail traders. It's possible he was short at a lower price since I did not see him print anything at the high. I'd estimate there were 3 large institutional buyers in the market today...definitely mutual fund material. You want to buy this stock on any weakness and hold it. We trade in the teens next week and higher after that...NSATF has the premier technology for the next generation of wireless internet. The major players like Teledesic/Bill Gates, EchoStar, Panamsat, General Motors/Hughes, and Nortel are realizing that NSATF's product is absolutely crucial to the viability of their own broadband service. I would not be at all surprised if some of these players were buying NSATF stock on the open market as a prelude to buying the entire company.

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