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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 68.07-1.4%9:50 AM EST

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To: djane who wrote (5718)7/14/1999 2:42:00 PM
From: JMD  Read Replies (2) of 29987
 
djane, re: "CSFB Downgrades Iridium World To Sell From Hold" I go out of my way NOT to read Wall Street/analyst reports and am usually pretty successful. Used to follow closely and got burned. Still, when was the last time anybody saw an outright "sell" from a major house? This virtually guarantees that I* will be taken out of the retail sector--it's up to the banks now. Investor equity is gone--trading at 6/7 is absurd. The price is 0, period. Mike Doyle
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