Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 59.25

+2.9%

3:44 PM EST

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To: tero kuittinen who wrote (8397)	11/17/1999 1:22:00 PM
From: Jeff Vayda	Read Replies (2) of 29987

Tero: your comment In any case, the resiliency of this stock is mind-blowing. If you had asked people on this board last summer what would happen to GSTRF if the launch slithers to February and the ad campaign kicks off without service in place, the prognosis would have been bad. In reality, Globalstar is doing a note-perfect imitation of the Iridium launch... yet the stock is only a couple of bucks down from the recent August high. The strength is amazing. Either the markets really are omniscient and can predict the satellite market growth even when no solid data seems to exist. Or this is a symptom of a bull market on a final, unhinged rampage. Or have all the infidels been vanquished and all that is left are the fanatics? Having a wonderful time spreading the word of Bernie... Jeff Vayda

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