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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 60.75-0.5%Nov 28 9:30 AM EST

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To: David Wiggins who wrote (6854)8/26/1999 11:53:00 AM
From: Jim Parkinson  Read Replies (1) of 29987
 
Here's a post from an early bull on aol who has been a bear for the past year.

"Get ready for GSTRF's final 30+ day.
looking for 10 bucks in 6-8 months on GSTRF and not much higher for LOR in the same time period.
Taking my IRID put winnings and buying those GSTRF Puts.
Good luck to all, but don't bet the farm on an industry that could not support IRID and a company whose bonds have junk yields written all over it...
If there was really a need for this stuff, then IRID would not be where it is today.
Don't be blinded and think GSTRF's system puts IRID's to shame, because it does not.
its the same junk, just a better name tag, and better bullet points, but the space junk isn't worth its weight in rubbles :)
Smolky"
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