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Microcap & Penny Stocks : New Sky Communications (NSKY) -- Ignore unavailable to you. Want to Upgrade?

To: ROSARIO who wrote (1431)	8/19/1998 4:59:00 PM
From: Michael Bendner	Read Replies (3) \| Respond to of 2601

NSKY's low dropped below the previous day's low for the first time in over two weeks today. This tells me we have reached the end of our uptrend. It does not mean that we have entered a downtrend, however. My analysis, for what it's worth: When the price dropped below .03 today, many who live and die by TA interpreted this as a sell signal. The resulting selling pushed the price to the day's low of .022. Wild fluctuations and positive momentum going into the close tell me that this phase of NSKY's life is far from over, and that we can probably expect a holding pattern over .02 (but probably not above .04) until news is released. In my opinion, the stock has now finished its rumor-based run and will now live a fundamentals-based life until the post-news run is ready to commence. DATE CLOSING PRICE OPEN HIGH LOW VOLUME -------- ------------- -------- -------- -------- ----------- 8/19/98 .027 .036 .036 .022 8,669,000 8/18/98 .036 .042 .043 .030 4,897,100 8/17/98 .039 .030 .042 .030 6,329,100 8/14/98 .027 .022 .032 .021 3,536,100 8/13/98 .022 .023 .024 .020 3,264,400 8/12/98 .025 .022 .025 .019 4,857,600 8/11/98 .022 .022 .023 .018 4,085,800 8/10/98 .022 .021 .023 .018 7,212,300 8/07/98 .021 .022 .022 .017 1,784,700 8/06/98 .022 .021 .025 .017 10,474,500 8/05/98 .022 .018 .022 .015 5,756,000 Michael Bendner

To: ROSARIO who wrote (1431)	8/19/1998 5:20:00 PM
From: myturn	Read Replies (4) \| Respond to of 2601

Hey everyone, just want to bring you all up to speed. I just got off the phone with Colleen Tiffany, the PR person with NSKY. Colleen told me the producers of Owasco Entertainment are flying in tomorrow to update her on how negotiations are going. She said, if she does not meet with them tomorrow she will meet with them for sure on Friday. For those of you who are new: Owasco Entertainment, whose principals are the same as Syracuse Productions, LLC, have an option to produce a feature film based on a screenplay entitled "Face Value". The two companies will co-produce the film and they are currently negotiating with so-called "A" list talent to appear in the movie. Owasco Entertainment are doing the negotiations with Winchester Entertainment who is the one to do the financing on the project. The paperwork is currently sitting on the desk in London for final authorization. She ask that all of you remain patient through the final stages and we will be seeing something soon. She does realize in the BB world that some people have no patience; she wants you to realize this is a movie company and these things take time to fruition. She remains confident that she will be able to give you a PR on something in the very near future. She does not want to commit to a certain date or time but she is still saying she anticipates it occurring very soon. Colleen also want's to remind everyone that their are other projects that are to be announced in the very near future. If you feel it is neccessary to sell your position because you can not wait or you have to pay your child's college education; I advise you to sell your position and find another stock. We have a lot of great things that are about to become reality, we just need to instill a little more patience. Go out and play ball with the boys like I did today or just go for a walk like Donster does every once in a while. You have invested in a company with an unbelievable potential in the near future. Any of you who would like to be included on further updates or would like to speak to me personally so you can get a better feel as to who I am and know exactly how I stand with NSKY and other stocks, you can email me @ gski@swbell.net I will then give you my phone number because I can not afford to call everyone.