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Technology Stocks : Norsat Intl (Nasdaq:NSAT)value and growth in Wireless -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Miller who wrote (41)10/17/1999 12:14:00 PM
From: David Smith  Read Replies (3) | Respond to of 397
 
Excellent post. NSATF is my favorite stock right now and it is the only one I am willing to hold long term in this market. I've been adding a few thousand shares each time the stock gets hit for 1/8 or 1/4.

I've done a lot of research on this company, and IMO it could be an easy ten-bagger in relatively short order. Absolutely no one knows about the company or the technology right now (except for some smart retail investors). But the market always looks ahead, and once this company's technology begins to get understood as being crucial to the next generation of wireless communications, you won't be able to buy the stock...the institutions will be grabbing everything in sight.

If NSATF went public tomorrow, it would be priced at $10 a share and probably double on it's first day...simply from the exposure of the technology to the marketplace.