Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 60.75

-0.5%

Nov 28 12:59 PM EST

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To: Robert Scott who wrote (1506)	7/23/1998 7:51:00 AM
From: Jeff Vayda	Read Replies (2) of 29987

Robert Scott: Yes they have planned a yearly replacement of 6 sats. (which I found to be quite high) Still the perception is not positive, repeated reports of failures will not do anyone any good (G* or I) as the uninformed public is the majority. It will effect the stock, and if past price performance is repeated, it will drag G down as well. Even worse for I, if the eventual problem is the momentum wheels again, they are right back to the fleet problem question. I have not seen any numbers on the mean time to failure for the sats. I folks cant be happy. Jeff Vayda

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