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: tero kuittinen who wrote (8413)	11/18/1999 10:14:00 AM
From: CMon	Read Replies (1) of 29987

<<It's like the markets are entering a new phase where investors look deeper and deeper into future sales and earnings and short-term stumbles and problems are losing their relevance entirely. We're floating into techno investment bliss where immediate warning signs have no power over the talismanic significance of long-term projections.>> That'd be one way to look at it. Another would be to say that we've entered a phase of the bull market where investors have forgotten that it's possible to lose money in stocks, and that projections of future results should be discounted not just for time, but also for their uncertainty.

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