Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 60.75

-0.5%

Nov 28 9:30 AM EST

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To: Michael Allard who wrote (8408)	11/18/1999 6:40:00 AM
From: Oliver Schonrock	Read Replies (1) of 29987

Michael Was long GSTRF for 8 months. Sold a couple of months ago, now I am short. I do believe that this stock will drop even unless they start doing something soon. The market will not bid up another sat stock in the hope that there is market it's product (I believe there is but it's in the 3rd world and G* needs to move quickly to get ROI). I would not be short this thing for too long but I believe we will see 20 or even 15 again before anything of substance happens. Nervous investors with a shaky bull-market will ensure that. Oliver

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