Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 73.01

-0.9%

Dec 12 9:30 AM EST

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To: SecularBull who wrote (8847)	12/27/1999 11:39:00 AM
From: Dragonfly	Read Replies (3) of 29987

What do you mean "gilder pounded the table"? How did this happen on the 23rd? The latest Gilder report wasn't released until today. (I haven't read it yet to see if it even mentions Globalstar). Anyway, buying on a Gilder recommendation is foolish. I follow his thinking and subscribe to his report, but he is not someone you should take stock tips from-- but someone you should take technology direction from and then do some due diligence. Some of the companies he's picked have been dogs- and the reason is he's providing an example of a company that provides the technology-- there's a long step between providing a killer technology and surviving in the market place (and I've been on the downside of that one, as both an employee and an investor-- Iridium's technology is killer, for instance.) A stock going up $8 like this with no real news isn't great news-- it could go down as much as well, and they usually go down faster than they go up. Dragonfly

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