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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 56.80+0.2%Nov 21 9:30 AM EST

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To: Maurice Winn who wrote (7073)8/31/1999 5:12:00 PM
From: kitterykid  Read Replies (4) of 29987
 
You know, I've been in this stock over four years and I have never seen such wringing of hands and "the sky is falling" scenarios. Has no one any confidence in Bernie and Co. after they have delivered solid - fantastic - results to shareholders over the past 25 years? He sold out the defense electronics business right at the top to a not so savvy buyer. G* has been in the works for nearly 10 years and we are almost there. Has no one any confidence in Loral and Qualcomm's knowledge and experience with satellites and wireless telephony? Has no one any confidence in some of the best telecom service providers in the world who are G*s partners? And now, instead of two competitors, they may have none? I haven't had such stress as this in a long time - it reminds me of owning Qualcomm (in the olden days, of course)!
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