----- Original Message -----
From: <News@CanadianDaytraders.Com>
Sent: Thursday, December 07, 2000 5:28 PM
Subject: IDFR, EPMO, AGPF & KSA report
> Hello everyone,
>
> The markets finished in the red today, we saw the Nasdaq close at 2752.65 & -43.85 for the day & the Dow closed
> at 10618.49 & -45.88 for the day. The TSE300 was also down for the day at 9165.80 -64.79.
>
> IDFR is unbelievably cheap as we took the opportunity to load up on a few shares today @ .045 & .05. For those
> that are thinking of getting in on IDFR it doesn't get any cheaper than this & check this out...
> IDFR is right on track to do over 12 cents per share in earnings for the year so, taking that into consideration
> the stock is now trading at around .045-.06!!!! it is right there in black & white!!! UNDERVALUED my friends! When
> the rest of the world figures that one out we will already be LAUGHING all the way to the bank! 12 cents in
> earnings & trading at .04-.06 cents now? What a JOKE! 20 Million shares total out = $1.2 Million market cap . . .
> you figure out how it will run in time...Show me another undervalued stock like this one out there, NONE at these
> prices! All in my oppinion of course & I think we really have a NO BRAINER here.
>
> We also picked up some more EPMO shares today @ .32 & then tried for more @ .34 but to no avail. We will keep adding
> more & more shares each day as long as they keep selling them to us. In due time you'll look back & say why didn't
> I get more? hehe...
>
> We also had another order to buy KSA in the .80's but never got the fill. It is only a matter of time before we see this
> baby make it's move too. We are adding daily as the shares become available & remember that it is hard to get a fill
> here. You can read the DD on KSA further down the page.
>
> For all you AGPF shareholders we are holding tight & nothing has changed as we expect to see the shorts cover sooner or
> later. Time is on our side & the strong ones that hold will be thankful they did.
>
> KSAT Satellite Technology, Inc. ("KSA" on CDNX)
>
> High-speed Internet access became available to consumers in 1996 and the technology has proven to be extremely popular - at least among those
> fortunate enough to live in an area where broadband service is available.
>
> In the United States, for example, once you get outside of the major metropolitan areas, there are not many cable companies that have upgraded their
> infrastructure and are offering broadband access. Similarly, when you get more than about three miles (as measured by the length of the cable) away
> from a telephone switching station, the benefits of DSL are lost.
>
> In America (a country that thinks of itself as a telecommunications leader), that translates into more than 50 million people who live in areas where
> broadband Internet service is unavailable. Analysts believe that about half of these people are on-line, but have to make do with slow, land-based access
> to the Internet through dial-up modems.
>
> The problem in the People's Republic of China is even more acute.
>
> China's Internet system is both extremely slow and very limited. Each day, millions of users attempt to log onto an already-overcrowded
> telecommunications network.
>
> At the same time as demand for Internet access in China is growing exponentially, the government is struggling to complete installation of Internet
> infrastructure in China's major cities. The problem in rural areas of China is far worse, with much of the country still waiting to be wired and connected
> to old-style, fixed-line telephone services.
>
> On October 29th, Owen Brown of Dow Jones Newswire's Beijing office reported that, according to the official Xinhua News Agency, the Chinese
> government had decided to ".spend millions of dollars to improve its Internet services using satellite communication technology from Israel's Gilat
> Satellite Networks (NASDAQ: GILTF)." and that "Shanghai has also decided to set up a Very Small Aperture Terminal, or VSAT, application and
> research center with Gilat Satellite Networks."
>
> What's significant here is that a little-known, CDNX-listed company called KSAT Satellite Technology, Inc. (37% owned by GILTF) is the business that
> will be manufacturing, selling and delivering GILTF's satellite communication technology that's going to be instrumental in improving China's Internet
> services. By providing two-way, high-speed Internet access via satellites, KSAT can help China solve its acute shortage of high-speed
> telecommunications equipment / infrastructure, and make broadband service available to millions of businesses and consumers.
>
> KSA's Manufactures & Sells Two-Way, High-Speed Satellite Communication Equipment
>
> KSAT is involved in the manufacture and sale of very small aperture terminals (VSAT's) satellite communications equipment and service networks in
> China to corporate and government customers. The Company's products allow businesses to transmit huge amounts of data (up to 40 Mb) per second
> using satellite and telecommunications technology developed by GILTF.
>
> For more information about the company, visit www.ksat.net/company/ksat/default.htm.
>
> KSA currently has nine major projects underway in China (www.ksat.net/company/ksat/projectnews.htm ), and is working with 12 local business
> partners (www.ksat.net/company/ksat/business.htm).
>
> However, KSAT's biggest deal is an agreement with GILTf to deliver Internet services to homes in China under the "Gilat-to-Home China" brand name.
> KSAT and GILTF have exclusive rights to offer broadband Internet access via satellite in China !!
>
> This is big news for any company, but to put this in perspective..
>
> (1) GILTF owns 37% of KSAT (and can appoint the Chairman & CEO)
>
> (2) The "Gilat-to-Home" concept just went public in the U.S. under the name "StarBand" in a $300 million IPO.
>
> (3) Microsoft (NASDAQ: MSFT) & EchoStar (NASDAQ: DISH) hold major equity stakes in StarBand, the first company to offer consumers two-way,
> always-on, high-speed Internet access service powered by broadband IP satellite technology
>
> (4) GILTF has successfully been operating in China (and making money!) since 1994
>
> The demand for Internet access in China is huge!
>
> A report compiled by Beijing-based BDA (China) Limited and the Strategis Group predict an average annual Internet growth rate of 60% in China over
> the next few years. To illustrate, China had about two million Internet users at the end of 1998. The BDA / Strategic Group expects that over 12 million
> Chinese people will be on-line by the end of this year, increasing to 25+ million by the end of 2002. This projected growth in Internet usage is significant,
> and we expect that Chinese-oriented web page production will soar in order to support the demand for native language information.
>
> KSAT Will Be Offering a "StarBand" Type of Product to Consumers in China
>
> To give you an idea of what kind of high-speed, two-way, always-on satellite-based Internet service KSAT will be offering to business and consumers in
> China, you don't have to look any further than what StarBand ( www.StarBand.com ) is now offering in the United States.
>
> The StarBand system uses a single satellite dish antenna for receiving and sending information - no telephone line is needed to access the Internet. In the
> United States, StarBand says that customers can expect average download speeds of 500 Kbps and upload speeds of 150 Kbps - far, far faster than the
> traditional dial-up modem connection!
>
> For people in China, it's going to come down to a question of: "if you can see the southern sky, you can enjoy Gilat-to-Home China". For people living in
> rural or isolated areas, KSAT / GILTF's products will be the logical solution for tens (if not hundreds) of millions of people in China who are unable to
> get broadband Internet service (let alone a phone line!).
>
> There's nothing new and unproven here.
>
> The KSAT / Gilat-to-Home China technology is based on VSAT technology from GILTF that is currently used in over 200,000 business locations.
> GILTF's technology has been the wide-area platform of choice for major businesses throughput the world for many years.
>
> For people in China, accessing the Internet by using VAST technology should eventually increase connection speeds by up to 100x compared to using
> computers w/dial up modems and the country antiquated phone lines.
>
> So, How Does a High-Speed, Satellite-Based Internet Access Service Work ?
>
> KSAT's system will be just like what StarBand is using (a graphical illustration can be viewed at: www.StarBand.com/howitworks/index.htm ).
>
> Basically, there will be a 24" by 36" satellite dish mounted on a roof or wall, with two standard coaxial cables connect the dish to a PC or satellite
> modem. The antenna sends / receives data to a satellite orbiting approximately 22,300 miles above the equator. The satellite, in turn, will communicate
> with KSAT's hub facility, which will have a direct connection to the Internet.
>
> Unlike its satellite Internet competitors, StarBand does not require consumers to tie up their phone lines or retain a separate ISP. And, unlike DSL and
> cable modem services, which are limited in availability, StarBand is available virtually everywhere in the continental USA - even in remote areas. StarBand
> gives consumers what they want: a high-speed, always-on connection to the Internet that does not require a telephone connection
>
> KSAT / Gilat Will Be Bringing High-Speed, Two-Way Satellite-Based
>
> Internet Service To China At Least One Year Ahead of Its Nearest Competitor
>
> Currently, no one but GILTF / StarBand is offering true two-way, high-speed, satellite-based Internet access service. Hughes Electronics' DirectPC
> system allows users to pull web pages down off of a satellite, but you have to use telephone lines for the return path.
>
> Hughes Electronics (DirectPC) is probably KSAT / GILTF / StarBand's most significant competitor. The company plans to launch its own two-way
> broadband service ("SpaceWay") in 2002, although the exact roll-out date depends on successful construction and launches of several new satellites.
>
> There's also iSky, which plans to launch a high-speed Internet service in late 2001 that will target homes and small businesses. Like DirectPC, the iSky
> system rollout is contingent upon successful launches of new, dedicated satellites.
>
> In contrast, GILTF's satellites are already up and running. KSAT also has tapped into GILTF's proven expertise in offering two-way, satellite-based data
> and voice service to businesses and consumers in under-served parts of the world such as rural areas of South America and Asia.
>
> What Might The Future Hold For KSAT?
>
> A logical question for investors is: "How big could KSAT become"?
>
> With only a limited amount of information available, we really cannot give earnings or profit projections for the KSAT "Gilat-to-Home / China" venture.
> However, the U.S. roll-out of StarBand (basically the same product / service) does offer some guidelines for the market KSAT is pursuing in China.
>
> Near-term, we understand that StarBand projects one million U.S. subscribers (with a goal of reaching five million users in a few years). Right now,
> Radio Shack is offering the satellite dish for $299, plus a $60/month access fee (there is an additional charge of about $750 for a Compaq CPU with the
> special satellite-compatible modem installed).
>
> One million (or more) registered users at $60/month is significant cash flow for any company. Ditto for the $299 one-time charge for the satellite dish
> and installation.
>
> Investors should also keep in mind that MSFT and DISH each invested US$50 million for approximately 19% stakes in StarBand, which is going public
> in a US$300 million IPO, and that what StarBand is doing in the U.S is very, very similar to what KSAT will be offering in China. On this basis, we don't
> think that it's unreasonable to expect that KSAT's market performance might closely follow that of StarBand once KSAT begins delivering
> "Gilat-to-Home" units in China.
>
> KSAT Share Structure & Recent Trading Range
>
> Total Issued & Outstanding: 28,560,051 common shares
>
> Public Float: Est'd @ 1,846,951
>
> 52-week Trading Range: Cdn$0.20 by Cdn$4.50
>
> Last Trade (November 21, 2000): Cdn$1.45
>
> Gilat Satellite Networks Limited and Global Space Investments Limited (Keppel Group - Singapore) each own 10,606,550 shares of KSAT
> (approximately 75% combined).
>
> Included in the issued and outstanding shares of KSAT are an additional 5.5 million escrow shares that will only be released once KSA has earned
> cumulative US$0.244 per share of cash flow as defined by the rules and policies of the CDNX.
>
> FOR ADDITIONAL INFORMATION, PLEASE CONTACT Ora Capital Toll-Free: (877) 222-8701 E-Mail: ora-bay@home.com
>
> Source: The Doppler Report
>
> Chris & Marty canadiandaytraders.com
> |
