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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: Valueman who wrote (7668)10/1/1999 10:07:00 AM
From: Jeff Vayda  Read Replies (3) of 29987
 
Vman: BS is being hounded by the short term view of the investment community. He has been called out to give numbers, which he does not like doing. He gets some margin for error from me.(close enough for an engineer...)

Things slide to the right. Rockets blow up. Service Providers dont start system activation until this or that. Your mother gets sick and you miss a day at work, whatever.

You have to start somewhere. I prefer to look on the bright side. He commented 38 on line. That is a strong indication that there will probably be a bunch ready. Will it be 20, 30 or 35? I dont know but since he has placed the bar at 38, I would put the actual number close to that, which is much, much better than had he said 20.

All things are relative. Just like the return on investment for my G* shares. Could have been much better in any number of ways. At some point, my opportunity costs will dictate a change. Your opportunity costs may have already presented that decision point to you. But I'm not there yet, gonna let this ride a while longer.

Jeff Vayda
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