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: John Stichnoth who wrote (187)	1/3/2000 8:31:00 AM
From: JimBeamII	of 397

John Actually, I don't think the current NSATF price level is that tied-into the Globalstar news. It had made its move and spend a couple weeks consolidating to fill the gap prior to the news. It's had the same deliberate, stable, movement all the way up from the $2 - $3 levels. So, it got to $10 on its own steam and in a very healthy manner. The charts also underlie this. Everything indicates we are healthy -- except, as stated in my last TA post on the Yahoo thread -- I do think we have a little more back-filling to do before we go up further and not return to the 12 - 15 range. We consolidated well at 13 and 14, but there's still a gappo in the $12 range. I'd like to take care of that now. Anyway, thanx for the clarification regarding G*. BTW, I am not now long in NSATF as I wanted to make a couple plays last week and needed the $$. A good move -- last week. I just hope now NSATF dips a bit so I can get back in. I trade through Terra Nova -- for which Southwest Securities executes -- and NSATF is on the 100% margin list. In other words, no margin. jb P.S. The NSATF Yahoo message board was excellent, but has attracted a lot of newbies and typical Yahoo traffic now. It's still a good board. Worth checking out if you're thinking about getting long NSATF.

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