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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 73.75+4.9%Dec 11 3:59 PM EST

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To: Goodboy who wrote (5216)6/17/1999 2:31:00 PM
From: JMD  Read Replies (2) of 29987
 
I appreciate your posts Goodboy and hope that you continue, which is a reasonably succinct way of saying that I have never previously interpreted your bearish comments as an attempt to 'talk down' the stock. While it seems to me that 99% of the time folks who think that posting on some board will move an issue one way or another should discontinue recreational drug use, it apparently happens often enough (Iomega) to keep the myth alive.
The more interesting element is the confidence you profess as far as timing entry. I have had far too much capital sunk in LOR/GSTRF for 2 years earning T-Bill rates of return and it obviously would have been better to have invested elsewhere. But how was a guy supposed to know that the Zenit would fizzle and Bernie would get caught peddling soldering guns at the Great Wall? I am really honked off for not shorting IRID, about the failure of which I was certain, so I'm not against short term plays.
But my curiosity's up--what gave you equal confidence with regard to G*? Regards, Mike Doyle
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