RE: RE: Market Reaction I do not think this was the news the market was specifically waiting for, although the news is good - that's why we saw the s/p jump a bit. The news IMO that the market (including me) is looking for is the acquisition/merger news. I think that's where we should see a significant jump if it is good (hopefully)-- as well, remember, SCG still is working on breaking into the US market with Iridium. If we get that news, we should see a significant jump too IMO. One other thing ... Recash patent is still pending ... What do you think will happen to the s/p if we get good news on that?? So, it seems to me that major news is still in the wings.
P.S. -- I don't think SCG thought too much of this news either, otherwise we would not have seen a NR on Friday unless, of course, they are building a base for more significant news next week --- wouldn't that be nice???