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

To: Don Metzger who wrote (2139)	8/30/1998 5:04:00 PM
From: myturn	Read Replies (1) \| Respond to of 2601

Here is my latest update on NSKY. If any of you would like to be included in my updates or other stocks, I follow, you can email me: gski@swbell.net Numerous people waited to get into NSKY on the day of the news and it didn't pan out the way they had expected. I, along with numerous other people have been telling you folks about NSKY sinc the .009 level. Please don't wait til the next news comes out, because then you will have missed the boat once again. I, personally anticipate more news coming from NSKY soon. How soon, I don't know but I expect it to be soon. Attempting to play this on buy on rumor sell on news and wait for the dip; I believe you had your opportunity last Thursday and Friday. Just my opinion. LONG's always win! NSKY UPDATE: NSKY held its ground against profit taking of the recent PR and a major over reaction of Russian Crisis. In fact NSKY from August 21, (.021) to August 28, (.028) closed up nearly 50%. That in itself tells me that we have an excellent support level in the .02-.03 range. NSKY is position now better than it has ever been in the past three weeks to continue to move higher on anticipation of the next PR, which will be out any day. I have had numerous requests to give a fair market value on NSKY once these projects do come to fruition. Here is an example of what I believe is a fair and conservative value on what NSKY is and can be worth in the near future. Let's not forget, NSKY has three major projects about ready to take off. Let's put the worst case scenario on all three projects. NSKY wind's up negotiating only 3 million dollars for all 3 projects, which we all know that is highly unlikely, but let's say it does happen. 3,000,000 / 193,000,000 = .015544041 x 10 = .15 cents. Current share price .03, based on the worst case scenario still gives us a share price of .15 Now, let's say Mr. Reynolds whom has been a lawyer in the entertainment business for the past 29 years and is constantly in negotiations for other clients on a full time basis; winds up striking a deal for, say, 10 million dollars combined on all 3 projects. 10,000,000 / 193,000,000 = .05183 x 10= .51813 That give's us a share price of .51 on NSKY. I believe this is a very conservative estimate. From my conversations with Mr. Reynolds, I can tell you, he learned some valuable negotiating lessons from "Lady in White" and he said, "I am not going to let it happen again." This is where the addition of Mr. Shapiro looms even larger. The man has a great track record in negotiating. He also has connections, connections, after connections. Any of you who anticipated picking up NSKY less than .03 in the near future; I believe you missed your opportunity last Thursday & Friday. You might get lucky at the open Monday morning. President Clinton will be in Moscow on Tuesday. I see a lot of upswing in the overall market over the next 48-72 hours in anticipation that the U.S. and Russia will come to an agreement that will benefit all parties involved. If what happened last Thursday or Friday is any indication that NSKY has strong support; we will see even stronger support leading up to the next PR. NSKY at these levels; with the upcoming projects and PRs is extremely undervalued.