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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 67.32+5.1%Jan 6 3:59 PM EST
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To: limtex who wrote (6272)8/1/1999 9:33:00 PM
From: METMAN   of 29987
 
Limtex - thanks; I was just snooping for any news that I might have missed. I've been with Q since 95 on/off, and really dug in back in February when it was getting real close to exploding. You could sense the change by all the news. This one, will be more difficult to decipher, but potential is still high.

I see GSTRF as much more than a rich man's status symbol, or a device that suits a smaller market like the business travelers, drillers, perhaps ship liners, etc.... When you visit their homepage, I see G* sat phone booths....can be dropped anywhere and used by anyone.... And some really smart posters here have reminded all of us that maybe the phones could be rented to vacationers...hope they demand a credit card number for forgetful users who don't return phones - though it won't matter to G*

It would appear that this is only temporary (few months) and that it might provide for another Buying opp. Some folks aptly point out the next launches with Russian rockets - maybe some additional angst here. Actually, if the price drops more, I may be a buyer once again. Although, unlike the Q going up 54 points in one day, I'd guess we'd see increased volatility here long before the mo moved this one by leaps and bounds. That at least gives us some time to react.

Time will tell.....need to get users, that's for sure. For all the folks who've never used a phone and will be able to just go to a booth and make a call - that's amazing in itself.

still along for the ride

-metman
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