Orbcomm Inc. (ORBC), a leading provider of wireless (satellite) messaging services, declared third quarter 2008 financial results, in-line with our estimates. While we view the satellite business to be extremely competitive, not to mention low margin and expensive to operate, we also believe the barriers to entry for such services are substantial. Should higher demand applications emerge, such barriers may lead Orbcomm to higher valuations. However, though original equipment manufacturer (OEM) customers and an increased subscriber base contributed to improved service revenues, the company's depleting cash position, coupled with weaker-than-expected cash from operations, may not be sufficient to fund capital spending objectives associated with emerging applications. We maintain our Hold rating with a reduced valuation target in view of near-term concerns and general equity market conditions. We continue to assess Orbcomm's business expansion initiative across Asia and the Americas.Nalak Das contributed to ...

Our writer, Jeff Miller, is also a columnist on Real Money - and through this we have access to the insightful commentary of his colleagues. Detailed below will be several observations by other Real Money writers as of November 5. James Altucher was the first to note that Asian markets were experiencing positive numbers “on the heels of an Obama win.” He also dug up a couple of Obama’s very own stock picks: AVII, a company developing cures for “diseases related to bioterror,” and Skyterra, a satellite company. According to Altucher, stem cell stocks are also likely to be sensitive, most notably STEM. Altucher later appeared on CNBC to discuss his favorite Obama sectors: Infrastructre (KBR and MTW), Healthcare (HMA), and Taxes (TYW); and overall he stressed stocks that were cheap and worthy of buying “regardless of policy.” Jim Gulbrandsen warned that trying to ...

Norsat International Inc. designs, engineers and markets intelligent satellite solutions for high-speed data transmission. If you’re in the satellite business, then you already know that the Norsat high stability Ku-Band low noise block down-converters (LNBs) and in particular the HS 1000 Ku-Band PLL LNB and a 1000 HX, are the smallest external reference units on the market.

For those of us not in the know could use a bit of a tutorial. Luckily, the company will be featuring the new HS 1000 series at booth 617 at SATCON 2008 which is being held at the Jacob K. Javits Convention Center, in New York City, on October 15th and 16th, 2008. Company representatives will be on hand to explain the technology in depth and explain competitive advantages such as,

• Typical low noise figures of 0.8 to 0.9 dB (1000X); and of 0.7 dB to 0.9 dB (HS 1000) • Conversion gain of 62

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