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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 61.45+2.2%10:11 AM EST

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To: William Nelson who wrote (1494)7/22/1998 5:52:00 PM
From: dougjn   of 29987
 
The trouble is, unlike internet stocks, big profits can be seen beginning only a year from here. <gg>

Actually, I think the fact that the rubber is about to hit the road for sibling stock Iridf may be having a sobering effect.

It's interesting that Loral, which has more earnings projects further off in the future, is now selling for more than Gstrf. Until recently its stock has been well under half of the pre-split G* price.

Doug
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