Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 59.79

+2.0%

10:07 AM EST

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To: slacker711 who wrote (7787)	10/11/1999 1:33:00 PM
From: John Stichnoth	Read Replies (1) of 29987

You'll remember that they had an SP all set up, but financial problems, followed by legal ones, have tied that up for the time being. This was really beyond G*'s control, and unfortunately probably will be slow to resolve. These kinds of issues are to be expected in this kind of effort. The "slow rollout" model (if we agree that it is valid, which many don't) avoids the issue for awhile. In any case, I think there is enough market out there to make India unnecessary for the time being. We'll see. JS

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