Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Venkie who wrote (32632)	3/7/2001 3:08:38 PM
From: stockman_scott	Respond to of 65232

Donnie: Today I took a position in another company without earnings (NVTL)....Call me crazy or call me a gambler but I really like its potential. Novatel Wireless just came on my radar screen in the last 24 hours...I scooped up some shares at just under $6 but the future looks bright...Not that we should believe the analysts but here's what US Bancorp Piper Jaffray said about the company earlier today: <<Novatel Wireless, Inc. (#@) (NASDAQ: NVTL chart, msgs - chart, msgs 4 chart, msgs 1/8 chart, msgs) Strong Buy; EPS 01E ($0.25), 02E $0.23; Mkt Cap $222.3M; Avg Vol 415.7 (000s); Target $40 (11x 2002 Rev.) Samuel May Communications & Computing: Wireless Communications & Mobile Computing "In recent weeks, Novatel Wireless has seen a recent low of less than $4 a share," said Samuel May, senior wireless communications and mobile computing analyst. "Market conditions aside, we believe Novatel shares have been victimized by an overzealous sell-off. This downward pressure has resulted in large part due to the lingering sentiment associated with Metricom and Omnisky announcements made in early February suggesting each was scaling back their subscriber targets for 2001. We believe investors have not adequately factored in the substantial positive press issued in recent days that point to significant opportunities for Novatel Wireless with first tier cellular operators just beginning to roll out new packet data services nationwide in the United States. "Seemingly passing under the radar screen these past few weeks have been several important announcements released that should bode extremely well for Novatel Wireless in the near and long term. Recent announcements by Verizon and Sprint PCS indicate that each plans to roll out wireless data services over CDPD and CDMA networks utilizing Novatel Wireless equipment. More importantly these companies will be introducing products compatible with new air interfaces such as CDMA 1xRTT, which nicely complements Novatel's existing line of products for CDPD and Metricom's Ricochet networks. Additionally, GPRS services are set to be introduced by one of the leading GSM service providers in the United States -- Voicestream -- and we believe Novatel's modems will be prominently featured in Voicestream channels.">> ________________________________________________________ Best Regards, Scott BTW, Maybe DELL will buy YHOO and turn them into a build-to-order media firm....LOL

To: Venkie who wrote (32632)	3/7/2001 4:06:28 PM
From: stockman_scott	Respond to of 65232

Donnie: I should have bought more of that NVTL...wow...there was some serious volume today...I love these hot stocks with very small floats. I made a little lunch money and won't have to visit Voltaire's soup kitchen <G>...I'll have to watch the NVTL carefully --> if it hits the double digits when the FED lowers rates I will be tempted to take some profits...=) Best Regards, Scott