Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 73.01

-0.9%

Dec 12 9:30 AM EST

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To: brian h who wrote (3331)	3/9/1999 12:04:00 PM
From: Jeff Vayda	of 29987

brain h: Upcoming G* launch is certainly of interest to me and I would assume all the other G* stock holders. Unfortunately I* has made the street wary of satellite stocks and their promises. I fear we will float in this range until the system is closer to being on line. Sometime before the end of summer the price will start moving up in anticipation of the system start. How far in advance is anyone's guess. G* must keep the pump primed with news releases and positive tangible events. The biggest thing is they need to have the phones out in the service providers hands a month before the turn on date. G* will be hammered (and rightly so) if they repeat the follies if I*. Scratch up some cash, there are buying opportunities for months to come. Jeff Vayda

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