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

To: lazarre who wrote (60)	11/3/1999 3:40:00 PM
From: Mr. Miller	Read Replies (1) \| Respond to of 397

Could it be that this stock will now trend along its 50-day moving average? Hey, EMLX did it, HLIT did it, JDSU did it in its infancy, CAMP is doing something like it, and others, so why not NSATF? If so, then repeating the last 2 1/2 months would result in a doubling of the 50-day moving average every ten weeks. Of course, it is not that easy, and it ALMOST never happens this way, but a doubling every 10 weeks places a 50-day moving average of $80 in a year from now. Wishful thinking. Any way you want to look at it, NSATF is a great investment for those wanting a piece of the satellite internet access market. Hitting $5, $20, or $100 isn't a question of IF, but when. Rememebr, it won't go straight there. No doubt NSATF will see its share of 30% to 40% pullbacks and crossing of the major moving averages, but the future market of satellite internet access(alongside DBS) is looking like a mighty rosey place to be looking for investment as most other major internet companies(cable modems, DSL, fiberoptics) are already bid up the wazoo. The risk/reward ratio is very poor over in those sectors.