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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)
VSAT 33.81+4.4%Dec 19 9:30 AM EST

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To: Stock Watcher who wrote (9707)5/26/1999 3:26:00 PM
From: TWICK  Read Replies (1) of 52051
 
Yep. I like the possibilities here. Like I said yesterday, I like the satellite related companies. This combination here is satellite and ISP. Rumors abound on the Yahoo thread. Apparently the two companies just completed their meeting and seemed upbeat about it. No specifics on the financing, but speculation of someone else behind the deal are still going around. Also the usual speculation of AOL maybe being interested. Not putting any weight on that since almost any wireless ISP thread has someone hyping AOL as a possible suitor.

Either way, the chart looks bullish. The volume right now is increasing. Holding on to my shares and will wait for further announcements, which I'm sure will come shortly. See little to no downside risk at the moment. The markets are rebounding, and I see it continuing through tomorrow early afternoon. Don't expect Friday to be a positive day since everyone is waiting for the dreaded report.

Twick
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