Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 61.88

+3.2%

11:44 AM EST

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To: limtex who wrote (6260)	7/31/1999 11:00:00 AM
From: METMAN	Read Replies (1) of 29987

Limtex or anyone - any gut feeling why we're selling off here? 1) market down would tend to make GSTRF lower 2) recent successful launches brought us up until last launch 3) Institutions selling off? Why? 4) Shorts again attacking GSTRF, now that IRID continues to get bad press. 5) Profit taking only? 6) Fear that the marketing game plan on behalf of GSTRF won't be 'nuf to make G$TRF profitable - thus having same problems as IRID? 7) Technical sell-off? 8) most of the above (1,3-7)? Any comments welcomed......fundamentals haven't changed, so this could be viewed as a buying opportunity........ -metman

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