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


To: LT who wrote (93)11/16/1999 7:06:00 PM
From: lazarre  Respond to of 397
 
What a stealth stock, not to mention part of the stealth answer to the last mile.

I've been up to my eyeballs figuring out what to do with my portfolio now, not to mention my work in real life, that I've dropped the thread on what's happening with the Sat. Legislation; is it still on track? Do we know who bought the 8mil. private placement? Does anyone get the feeling that there--aside from the BOD and NSAT officers-- are others who know?

L



To: LT who wrote (93)11/16/1999 9:14:00 PM
From: David Smith  Read Replies (2) | Respond to of 397
 
NSATF did not hit $5 because the Nasdaq went down at 3:45. It was impossible to get any trades executed via selectnet or soes. On the Yahoo board, someone posted they put in a market order to buy 5000 NSATF shares 15 minutes before the close, and got filled on none. I suspect there were several others who had the same experience.

After the market closed however, there was a $5 bid for NSATF that did not get hit.

This stock trades above $6 within a week. I am continuing to accumulate....still unknown by all but a small group of smart (and VERY early) tech investors.