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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 59.15-5.9%3:59 PM EST

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To: Rocket Scientist who wrote (8071)10/27/1999 8:03:00 PM
From: TMann  Read Replies (2) of 29987
 
Wow, looks like disappointment is starting to set in. After listening to the conference call, my other foot is starting to get cold. It is very evident that rollout and subscriber adds will take longer than BS projects, and profitability will lag too. THIS IS DEAD MONEY TILL AT LEAST 6/00. How low can it go? I hope to pick back up at 15.

Yes I've been in Echo* since '96 and rode her down from 22 to 12; Since I had so few shares, I didn't lose sleep. Added more to the position early this year after Street and stock performance turned postive. Hope to play G* the same way, as I'm hopeful the market will be there, albeit much slower than rosey eyed, out of touch with the market BS believes.

Good luck to all patient, faithfull, don't mind underperformance, G* believers. I'm in here with you, but shifted most of my sat $ to Echostar. STICK WITH CHARLIE ERGAN AND EXPERIENCE NEAR TERM ROCKET LIFTING PERFORMANCE!!.
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