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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 68.47+0.3%Dec 5 9:30 AM EST

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To: Rocket Scientist who wrote (6815)8/24/1999 7:16:00 PM
From: mmeggs  Read Replies (1) of 29987
 
Rumor Central: Client of mine who seems to know those at Loral (Told me about recent State Department denial of license before I ever saw it) is telling me there is a problem with the ERICY phones. "Serious flaw" was the term used.

Didn't know enough to elaborate on the the "flaw" but claimed it is common knowledge around Loral.

Again, strictly rumor-mongering, but could this be the reason they are ramping handset forecasts down?

mmeggs
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