Today's Performance, page-139

dcob....nice summary.

I am not looking at raining on SAS's parade but when you examine the facts as you have it does not make alot of sense to keep investing in a company that has little or no income coming in & no real cash on the books to rollout their satellites. What is required is alot more certainty moving forward, and atm they are still a couple of years away.

SAS will require many more CR's which will push the price down significantly....or they need a partner to come onboard with deep pockets to fund this project. The last option is probably preferable otherwise the CR's have shown that each time 25% or more is wiped off the value of the SP.

I have seen these types of stocks that are once in a lifetime opportunities, and normally they donot succeed. I am still prepared to give SAS some benefit of the doubt but they have alot of work ahead of them.

IMO DYOR