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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 68.47+0.3%Dec 5 3:59 PM EST

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To: Jon Koplik who wrote (8863)12/27/1999 6:07:00 PM
From: Doc Savage  Read Replies (2) of 29987
 
BOA said the same about QCOM in March.....

These guys just don't understand!

A company like this seems too good to be true and that is the only thing that worries me.

Argue with this:

1) Satellite comm is perfect for telephone and internet comm. The idea of land based antennae is a joke when compared to the advantages satellite comm.

2) Globalstar was conceived of and funded after the "two other guys" because the other guys used flawed technologies. What is playing out now was the story told to investors.

3) Revenue going from 19M to 300M next year. Holy cow!

4) The forces currently driving QCOM (wireless internet infastructure) are the forces beginning (just beginning) to drive GSTRF.

5) The only argument against GSTRF is the same argument that was against QCOM all those years, "not the right technology".

6) The announcement last week "we're on track" seriously dented this arguement.

Well?
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