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Technology Stocks : American Mobile Satellite (skyc) -- Ignore unavailable to you. Want to Upgrade?


To: VALUESPEC who wrote (148)3/17/1998 8:08:00 AM
From: SirAlexx  Read Replies (1) | Respond to of 400
 
Spec, one of the things I learned early on is that the power of misperception is never more evident than in the way different people can read the same post, and come away with an entirely different picture of what was said, because their own bias wouldn't let them read it objectively, and without the color of emotion.

That's one of the reasons I have moved away from any commentary about stock price and its movement, and prefer to focus on TA and FA, and let the merits of the analysis speak for themselves.

There is an ever decreasing amount of time that I can devote to message threads; I'd rather use what time I do have to encourage the stimulation of thoughts and the sharing of news and other public information that can only help us all; kind what the internet was initially created for by the scientists.



To: VALUESPEC who wrote (148)3/17/1998 12:58:00 PM
From: elk  Read Replies (2) | Respond to of 400
 
I find these two passages from Skyc latest 10Q disturbing:

<<a result of slower than anticipated sales of inventory, the Company has sought additional financing and strategic arrangements("Additional Transactions") to fund its operations through 1997 and into 1998 or beyond>>

<<The Company expects that operating revenues will be insufficient to cover operating expenses until sometime in late 1998 or beyond.>>

Don't you?

Interesting how this company Admits that they will either have to take 100's of millions of dollars in financing, Dilution. Or close their doors very soon.

Are you still relying on an IPO in Africa to save this Cash Burning?

You have a mangament team that is spending money hand over fist with no tangible results. they have done a horrible job incrasing their customer base, and the company that they have an agreement with is trying to steal their customers!

Thats disturbing, good thing you warned me off of oinvestng in this stock, Thanks, Mike!