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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 70.32+3.0%3:59 PM EST

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To: SafetyAgentMan who wrote (4652)5/17/1999 9:58:00 AM
From: Pierre   of 29987
 
Mr Navarra said the price could fall to as little as $350. The group, which is backed by Loral and listed on Nasdaq, is planning a big marketing campaign.

Better crank up the handset production at those prices. Great news, but they need product. Satellite phones for $350 - at that price they'll fly off the shelves for novelty value alone.

Pierre
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