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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 67.32+5.1%Jan 6 3:59 PM EST
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To: Mr. Adrenaline who wrote (249)1/10/1998 1:22:00 PM
From: Valueman   of 29987
 
Mr. A:

I agree. A delay now would ruin Loral management credibility. Official launch dates have been pushed back twice, and Mr. Schwartz stated publicly that they could have launched in Jan. had it not been for Boeing's schedule. To delay now, especially for a TT&C problem, would make them look like fools, and liars. That in itself would be devastating to the company and especially to its price. Having said that, there is no delay. So worry not.
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