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Technology Stocks : IRID - Iridium World Communications IPO Announced!
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To: Joe Brown who wrote (1283)2/5/1999 8:45:00 AM
From: Jeff Vayda  Read Replies (1) of 2693
 
Jack:

Three things I have learned with Globalstar;
1) Save up some cash, buying opportunities are ahead;
2) Buy when you dont dare buy anymore;
3) Dont buy yet cause it will be lower right after you do buy.

2 and 3 are just fodder to make number 1 more meaningful. Part of the fun of the game. Though it is not much fun sitting by and watching the market cap of Amazon or Yahoo racing past most of the DOW stocks.

I* will make money, but as with all, it will make you more money if you are able to stand back and look at the situation with a clear head. You need to take time off every now and then to get straight and you need to keep the rest of us straight also, that is what these boards are for. Now as for me adding my two cents worth to keep you straight...(ha you knew it was coming!)

Here is how the upcoming months should play out. If G* is able to continue to launch satellites and I* disappoints in the next subscriber numbers, I* price falls = buying opportunity. If G* cant get their sh!t together and I* disappoints in subscriber numbers, I* price falls = buying opportunity. Whatever G* does and I* makes subscriber numbers, I* price rises(?) = missed opportunity. You are free to place whatever percentages for each scenario, but you just might like to have some mad money available.

Forgive me if I went over my two cents worth. (gg)

Jeff Vayda
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