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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 61.62-4.7%Jan 30 9:30 AM EST
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To: Rocket Scientist who wrote (6844)8/25/1999 7:27:00 PM
From: djane  Read Replies (4) of 29987
 
To the thread, I appreciate the efforts on behalf of shareholders to keep G* management on "hot coals" to do things right. But, do we really have enough info at this point to say G* is behind schedule? Yes, I've read all of the posts [!!]. At this point, it is in G* interest to release little info, let Iridium continue to flounder and have ICO continue to have trouble raising more funds.

And, given the I* failed roll-out, it is very much in G* interest to lower expectations, manage the Street, and then surprise on the upside over the next 6-12 months. I very much believe that Mr. Schwartz, LOR/G* management and the sterling service providers/investors have analyzed the situation and are making appropriate strategic decisions based on their inside info. Consider me as an investor who is willing to live with some short-term uncertainty in exchange for a very nice risk/reward profile in the long-term. djane

P.S. Has anyone been thinking lately about how "lucky" the Zenit crash was in terms of allowing G* to watch the I* failure, let I* squander its main time-to-market advantage, and having an extra year to get the details/gateways/phones more ready?
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