Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 66.72

+7.0%

Dec 22 3:59 PM EST

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To: djane who wrote (6716)	8/21/1999 3:41:00 AM
From: djane	Read Replies (1) of 29987

Summary of G* short argument (via G* yahoo thread) Top>Business & Finance>Investments>Sectors>Services>Communications Services>GSTRF (Globalstar Telecommun.) Iridium $10B Market Cap before Tanking by: sevencentsworth 10342 of 10346 Iridium was in this same exact position last year before tanking. Is it time to short or will this thing go up a bit more on hype??? Iridium hit $ 70 (approx $10B market cap) a share before it's demise. It's web site looked similar to Gs. No real way to sign-up or buy a phone. Partners web sites also without a clear way to sign up. Calls to providers answered with "what are you talking about, let me take your name and number and I'll get back to you." There is no clear description of how marketing is going to work. Bernie's statement of "Marketing strategy in place". What the he* does that mean? Go out to Honduras or any other foreign G* partner web site all you find is "license granted". What the He** does that mean??? Where are the prices, the sign up forms, the discriptions to the potential user how G* is going to work for the user in their area. How roaming is going to work. Where's the info??? why not use the G* phone as a cell phone until the system is operational? Is this net work of companies really working to make this a success? Iridium's partners thought if you build it they will come. They didn't figure it would take significant amount of additional investment in sales personel, training, advertising, and lowering there add on tail charges. G* depends on their partners the same way. What makes G* so different? Be specific, if you can't then sell. By the way, G* has for july, 11,000,000 shares of a 50,000,000 float shorted. For every 5 float shares there are 6 owners!!! 20% of the float!!! 9th in short position increase!!! Shorters have unlimited loss potential while longs can only loose 100%. why bet a against the high number of shorts in this stock?? What do they know that he average gambling long doesn't? Check out viwes.com viwes.com Posted: 8/20/1999 8:29 pm EDT as a reply to: Msg 10312 by TradeMachine

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