Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 61.63

+1.3%

12:03 PM EST

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To: djane who wrote (4558)	5/12/1999 4:39:00 PM
From: RMiethe	Read Replies (1) of 29987

The opinion is circulating that stringent export controls will accelerate consolidation in the satellite industry; not unlikely that international consolidation (companies from the US being bought by those overseas, with overseas company being the corporate head, and not the US company) will be the price the State Department pays for its export controls on the domestic satellite industry. In sum: US companies will no longer be under the State Department controls since the US company, in being bought by the foreign company, will no longer have to answer to the US government. Nor will it pay the same tax rate that it would have once it becomes owned by a non-US entity. The next few quarters, if this view is correct, will prove to be very interesting. I only post this to let others know what the thinking is in the satellite business now. I am making no predictions.

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