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


To: Lars who wrote (317)8/5/1998 4:45:00 PM
From: VALUESPEC  Read Replies (1) | Respond to of 400
 
<<I'm beginning to think this is one that may never make its move. >>

Lars, SKYC has been a real roller-coaster. I'm looking to buy at least some shares back at some point, but, for now, I'm still just watching.

SKYC does have a lot of potential, but its fruitition has been slower to come than many expected. Overall, things do seem to be moving forward, but they are still burning a lot of cash.

Management knows they need a catalyst to get things going. One day, hopefully, they will find it.

As you know, I thought the ACTEL deal would do the trick, but with the current uncertainty of that deal, I guess some steam has been let go.

It seems that SKYC is now about where it started in the begining of the year. This is not great, but many small caps have done much worse.

Today's action was curious. I wonder what took place today since we had all that volume.

Take care !

SKYC: ~ $ 7.00a

VALUESPEC
valuespec.com