Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 48.26

-5.6%

3:59 PM EST

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To: Dealer who wrote (9097)	1/2/2000 4:58:00 PM
From: Rhino Ray	Read Replies (1) of 29986

I posted this on the QCOM thread, but could have just as well posted here since it involves GSTRF. It's just my opinion, but I believe that GSTRF as well as, QCOM are going to continue to explode beyond anybody's wildest dreams. QCOM can only continue to rise. Look at the internets and the internet IPO's. Internet was the buzzword and due to pure supply and demand everyone wanted in. The thing is it's not too difficult to start an internet company all you need is a computer. Look at how many of these IPO's are internet company's and how they explode upward for no reason except they are a low float internet with market demand. Look at companies like freemarkets(FMKT) it really doesn't make much sense. BUT NOW THE BUZZWORD IS WIRELESS. and it's much more difficult for hundreds of new IPO's to come out in the wireless market, since you actually have to "start a real company" unlike having some computers, software and an idea with the internet. And if you want to get into wireless your first thought has to be QCOM. There is going to be a lot more demand for far more companies. In fact if a company like GSTRF was not already trading publicly and became an IPO, and was given media coverage including association with QCOM and CDMA technology. And that it has just completed it's satellite system and that preliminary beta testing has been excellent and the system is now ready for full deployment. I would be willing to bet that this company would come out at about $120-140+ a share. Just watch how these wireless companies will continue to grow, and how every other company will try to show that they have something to do with the wireless world. GSTRF and QCOM Rock!!

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