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.

Technology Stocks : SatCon Technology (SATC) -- Ignore unavailable to you. Want to Upgrade?

To: Cabrina Dieters who wrote (179)	4/24/1998 12:02:00 PM
From: caret	Read Replies (1) \| Respond to of 440

Here is a recent (dated today) Yahoo Satcon thread note of interest: "Today's low of 10 1/8 is an extremely important technical point. Considering the recent high of just over 14 and the cyclical low of just under 6, today's low represented a perfect 50% retracement. It also reached a strong support zone. In the absence of bad news (of course) SATC is a strong classic technical (and fundamental) buy here. Pull the trigger, enjoy the recovery." Any thoughts?

To: Cabrina Dieters who wrote (179)	4/27/1998 9:53:00 AM
From: James Mortensen	Respond to of 440

Hi Cabrina, et al. New Press Release -- "SatCon's FMI Subsidiary Announces New Product With Telecommunications Applications Backlog of orders valued at $750,000 Initial shipments began March 1998 CAMBRIDGE, Mass.--(BUSINESS WIRE)--April 27, 1998--SatCon Technology Corporation(R) (Nasdaq:SATC - news), announced today the introduction of a new telecommunications product from its Film Microelectronics, Inc. (FMI) subsidiary. The product, the FM 5040, is an ultra small amplifier or frequency multiplier that is used in cellular telephone networks. The Company has received over $750,000 worth of orders for this product from cellular telephone companies and has shipped over 1,000 units since March. ''We're pleased to announce this new product,'' said David Eisenhaure, President and Chief Executive Officer of SatCon. ''The growth of the cellular telephone industry has created strong demand for integrated circuit products. The FM 5040 leverages FMI's expertise and microelectronic production capability. Over 1,000 units of product have been shipped to fulfill existing orders, and we are continuing to ship product. The telecommunications industry holds significant opportunity for the company, and we are very pleased with the recent developments in this area.'' ''The FM 5040 adds to FMI's portfolio of commercially available products,'' said Gary Colello, General Manager of Film Microelectronics, Inc. ''The product is very competitively priced from $125 to $200 per unit. Units are available for immediate delivery.'' The FM 5040 is a high gain monolithic microwave integrated circuit (MMIC) amplifier that can be used at frequencies from 20 gigahertz to 40 gigahertz. The product is available in two hermetic package configurations, flat pack or ball grid array (BGA). For further product information contact Steve Dawe, Vice-President of Marketing and sales, at Film Microelectronics, Inc. at (978) 975-3385. "