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

To: Cheeky Kid who wrote (301)	2/8/2000 4:19:00 PM
From: Rich1	Respond to of 397

Welcome back we missed you.<ggg>

To: Cheeky Kid who wrote (301)	2/13/2000 4:34:00 PM
From: Cheeky Kid	Read Replies (2) \| Respond to of 397

This was posted last month, but it's sure an interesting read: stockhouse.com SNIP: > AOL has also invested in Spaceway, a unit of Hughes Network Systems, which hopes to provide high-speed bandwidth-on-demand satellite communications by 2002. Bucher points out that the system will need to have the same type of terminal that Norsat is now developing for ASTRA-NET. "We'll be in a very unique situation," he says. As one of the three largest distributors of DirecTV, and the largest distributor of DirectPC, in the US, as well as the largest manufacturer of the broadband satellite interactive terminal, Norsat has an enviable point of entry to become a product supplier to Hughes. "Nothing certain," asserts Bucher carefully. But he fully expects the business to proceed, and believes Norsat will play a role. "That's when our distribution business in the US converges with our technology development that we're doing for ASTRA broadband networks," he says. "It is really when Hughes puts Spaceways together? When everything comes together, we couldn't be in a better position, in terms of going to the marketplace." < ------------------------------ 4th Quarter EARNINGS: From the last news release, Jan. 18/00 I noted this: SNIP: > DIRECTV unit sales for the quarter increased to 39,914 compared with 6,723 for the fourth quarter of 1998. DIRECTV unit sales for the year increased to 98,940 compared with 29,845 for 1998. "While our sales for the quarter show a very dramatic increase over the previous year, a shortage of DIRECTV product meant we were unable to fulfill a substantial number of orders," said Norsat America's president, Edward A. Johnson. < siliconinvestor.com ------------------------------ It is my personal opinion we will see another loss, (I could be wrong) but this statement below from the StockHouse Interview, addresses any possible earning disappointments: SNIP: >Part of the reason for lackluster earnings in the past, is the company's heavy R&D spending, mainly invested in its broadband initiative, which hasn't yet reported sales. "If we didn't invest in the third market, we would have had profit last year, and this year, and done quite well," Bucher says defensively. "But that wouldn't have led very far. We would have had profit for two years, and then fallen off as the market goes." Norsat came very close to positive earnings in the third quarter, pulling even after a loss of $0.02 per share in the previous quarter. Bucher won't reveal when the bottom line will hit the plus zone, but will only say that, "Near-term shareholders' value comes down to what they believe the opportunity in the company is." That sizable opportunity may be close at hand. In Bucher's opinion, the broadband satellite business will explode in about 12 months. "It has to," he says emphatically, because consumers are demanding the technology. "Brokers and institutions will start recognizing that we are a key component in this multi-billion dollar business." < stockhouse.com