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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: Rich1 who wrote (317)3/1/2000 7:50:00 PM
From: lazarre  Read Replies (1) of 397
 
Ditto, I almost sold 1/3 of my position at that level as well. I'm still tempted to take some off the table after the runup since November but the more I hear about the future of satellite---from both the Internet and Entertainment points of view---the more I'm torn.

It was unnerving watching the slow erosion since the upper 20's.....especially with no news......patience, patience.

A little anecdote:I'm in the process of switching from cable to Direct TV. I asked the guy from the provider how business was, i.e., how many folks were switching as I was. He claimed that installations were 4 to 1 over last year...he ascribed it partially to the new legislation ( which really does not kick in for months, longer for certain geographies ) and partly because of pricing. Their backlog was enormous...my wait is 6 weeks or so..this with additional sevice staff.

FWIW

L

PS..this acquisition, imo, is an excellent move...note the Scientific Atlanta connection.
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