American Mobile Satellite (skyc) Message Board

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Technology Stocks : American Mobile Satellite (skyc)

SKYC 7.010

-6.5%

Jan 28 9:30 AM EST

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To: 45bday who wrote (168)	3/27/1998 10:59:00 AM
From: VALUESPEC	Read Replies (2) of 400

Solution, I have no idea what the upside is, but I know some of the employee are hoping for the thirties. I personally like to look at likely minimums and then work upwards from there. I hoped for the $ 12 range by June. We already have that. Since I am not sure what the upside will be, I don't want to limit my upside at all. I'd rather risk a few dollars and buy puts. I'm buying a little at a time as the price goes up (hopefully it will keep going, but who knows). At this point things look REALLY good. Word is that the bond financing went really well and that it sold out in 24 hours or so which is extremely positive, or so I'm told. SKYC: $ 14.19b $ 14.25a vol (205,500 which is very high) VALUESPEC

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