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Technology Stocks : American Mobile Satellite (skyc)
SKYC 8.890-3.2%Dec 23 1:53 PM EST

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To: Ernie Kelley who wrote (371)2/3/1999 6:58:00 AM
From: Offshore  Read Replies (2) of 400
 
Re: This license could be their most valuable asset. ..... The one reason I bought some SKYC and the one that everyone seems to be overlooking is the ownership of one, of only two, S-band licenses for satellite broadcast direct to automobiles.

Oh my god!

This is a disaster.

People. Listen up.

When others start telling you their most valuable asset is that one day, their license will be worth major bucks, (to the point that the stock will be worth a ton), it is time to bail. Give me a break. By the time car radios start playing satellite radio, you could have made a return of several hundred percent in ATT, WCOM, DELL, AOL, MSFT and probably anything else for that matter.

Has anyone ever heard of any other wireless company that sounded anything like this? I won't even mention it.
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