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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)
VSAT 32.39+0.8%Dec 18 3:59 PM EST

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To: Stock Watcher who wrote (1064)1/28/1999 10:32:00 AM
From: Carl  Read Replies (1) of 52051
 
Here some of the posts from the thread:

Ok, I am tuned in. Very interesting!! They have contracts ($2 million in backlog). They have a new infusion of cash! They want to do acquisitions of companies that would be complimentary. Products cost 60% less than competition. Interest expressed from AT&T, Motorola, and IBM. This is a proprietary technology!!!! Float almost cleaned out. 200,000 shares of buying should bring the .30 area!!!! Huge PR program: Newspapers, email blasts, USA Today, starting this weekend. Volume has been picking up.

Total issued shares: 20 million shares
Float: 4 million shares

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Conference Call

Daryn, yes that's about what I heard. One clarification: Expect USA today PR to be in on Mon or Tues. Pr guy said they weren't able to get it in the weekend issue. Weekend papers also include Financial Post and the Globe & Mail (?)(Canada) plus several others.

PR firm apparently just getting started with CTKT, 10-11 months to go on current Pr contract. Current contracts with New York Sate and the Department of Energy. Fayiz (CEO) seemed especially proud of the DOE contract. They called their process "pre-emptive technology" far ahead of the competition.

I think this is a better gamble than the lottery. (Florida giving away 31 million this weekend so I'll be speculating there too, I'll let you know.

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Heard the Entire Call....
1. Fayiz said there are about 4 Million shares in the float.
2. New equipment is arriving to up production capability.
3. Fayiz made a rough guess at sales between 10 and 20 mil this year.
4. Barry (Company or PR Firm?) can be reached at 1-800-699-3025 for investor questions.
5. Fayiz was very excited about the Department of Energy purchasing some of Cetek's products.

I was impressed with Fayiz(CEO)

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