JSB,
Why do I like ELMG? I see ELMG as a broadband conglomerate. I've read past news releases and visited their website . . . and I get visions of grandeur. Something I don't do often with stocks. <gg>
My entry of 18 yesterday was relatively high. I will buy some more here in the 16s.
As you know, I like to find the next hot sector before the market does. Wouldn't it be nice to find another VSAT and ADAP again in the teens before the market finds out? I think ELMG will be a big winner.
ELMG is building a Ka-band communications satellite infrastructure.
The time to buy stocks like ELMG, RMAG, just like HWYM, SCON, CDTS . . .is when the market doesn't want them.
biz.yahoo.com
convergedigest.com
<<SKYBRIDGE EXPECTS BROADBAND SATELLITE LAUNCH BEGINNING IN 2002
SkyBridge LP, the broadband satellite venture led by Alcatel and supported by Loral Space & Communication, EMS Technologies, COM DEV of Canada, Thompson, Mitsubishi Electric, Sharp Toshiba and others, said it remains on target to begin offering services worldwide in 2002. SkyBridge will use a constellation of 80 satellites operating in the Ku-band (10-18 GHz), orbiting at an altitude of 913 miles (1,469 km). The satellites will provide "bent pipe" connections, meaning no onboard processing or switching will occur. The company said the low-earth-orbit would allow for short signal propagation time of 30 milliseconds, which would be sufficient for interactive services. Over 200 gateway stations worldwide will relay traffic from the satellites to terrestrial fiber networks. Localized traffic processing will occur within the gateway to guarantees the network evolves with IP and ATM technology. SkyBridge will use Ku-band frequency (10 to 18 GHz) reduces technology risk, the price of system components, and the potential for signal fade and rain attenuation. Each end-user can access n x 20 Mbps (downstream) and n x 2 Mbps (upstream). SkyBridge believes it can provide the best, low cost broadband network access in locations worldwide not served by DSL or cable modem. skybridge.com
SkyBridge, September 16, 1999>> |
