Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 57.27

+13.3%

10:00 AM EST

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To: Serendipity who wrote (7596)	9/28/1999 1:46:00 AM
From: I. Luttichuys	Read Replies (1) of 29987

I should perhaps add that I no longer own GSTRF. I sold it a couple of months ago... I think it was 31 or 32 or somewhere around there. I did this because I generally find that when companies launch new services or products, their stocks tend to decline. People become nervous, and I imagine they'll become quite nervous about GSTRF, especially with the recent experiences of IRID and ICO available for journalists to mention in the same breath with which they mention GSTRF each and every time. It will happen with increasing frequency. There will probably be uncertainty over whether they will make subscriber numbers, etc. And of course, everytime someone in the media writes about the subject, they'll talk about how dismally IRID failed in this area. I also sold it because I felt the market would be weak in general. Nonetheless, in the end, I'll buy back in. Over the long-term, I'm guessing it will be a winner. But for the moment, I don't have much incentive to hype the thing. Just sort of discussing it with you.

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