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: Minos who wrote (320)	3/12/2000 7:54:00 PM
From: Cheeky Kid	Read Replies (1) of 397

When I read the news release dated Jan 18, 2000, I took it that we could see another loss. (See bold text) Jan. 18, 2000 SNIP: > DIRECTV unit sales for the quarter increased to 39,914 compared with 6,723 for the fourth quarter of 1998. DIRECTV unit sales for the year increased to 98,940 compared with 29,845 for 1998. "While our sales for the quarter show a very dramatic increase over the previous year, a shortage of DIRECTV product meant we were unable to fulfill a substantial number of orders," said Norsat America's president, Edward A. Johnson. "We look forward to sustained growth in the year 2000." < SEE: siliconinvestor.com It's my GUT feeling we are going to see another loss, but I could be wrong. Lets hope there is some other good news to follow, or maybe a positive spin on the loss. I like the stock and I am prepared to hold till later this year and maybe longer.

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