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.

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

To: rockets who wrote (2171)	9/1/1998 8:21:00 AM
From: myturn	Read Replies (1) \| Respond to of 2601

The MM's realize the potential here and if one does not think for the a moment that they do not converse with the company; they shouldn't be doing their own investing. We will be seeing buying pick up today. I have been told by numerous people that they will be adding to their positions this morning on anticipation of the next PR, which I personally expect soon. You have seen our dip and you have also seen how well NSKY has held up in an extremely down market. NSKY, realizes themselves they are on the verge of a major turn around story here and they are going to take full advantage of the situation. Folks, I still believe the same I did three weeks ago about NSKY and as each day passes, I believe even stronger that NSKY is the best play going short and long term. Projected revenues of three major projects over the next year will net 20 milllion dollars for NSKY. On a conservative calculation of a PE of 10, gives NSKY a fair market value of nearly .50. I reiterate, NSKY has only a debt of $150,000 dollars with potential revenue of 20 million dollars over the next year. Current market cap on NSKY is less than $ 5 million. You can buy a company today for $5 million and make a return of $ 20 million over the next year. One doesn't have to be a rocket scientist to realize that one day another company may be calling on NSKY as a potential buy out candidate.