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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 56.68-4.7%3:59 PM EST

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To: David Wiggins who wrote (7437)9/17/1999 7:30:00 PM
From: gdichaz  Read Replies (2) of 29987
 
David: I am reminded of the famous remark that J P Morgan was alleged to have made about the public's right to know, "The public be damned". Bernard Schwartz has been in tight personal control of every organization he has run, as best I have been able to learn. The idea that you can not teach an old dog new tricks, might just might have relevancy here.

I went into the Loral and G* investments knowing his reputation for playing his cards close to his chest - very close to his chest. But I thought the business and his management skills made these investments potentially good ones. I still think so. But the style is frustrating, no question.

Chaz
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