Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 60.43

+0.9%

2:23 PM EST

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To: Rocket Scientist who wrote (10012)	2/9/2000 7:54:00 PM
From: leo_bloom	Read Replies (2) of 29987

R.S., thanks for the update on all the gateways out there. Regarding the veil of secrecy, I think we all know the answer: Mr. Schwartz has been storing up all his ammunition for one enormous blowout announcement that will vindicate the whole operation and shock the disbelievers. ... Or maybe it's just not ready to fly, yet. Looks like the gradual rollout will continue bit by bit, slowly building momentum (we hope) till it's snowballing late in the 2nd quarter. It's hard to imagine being a long-term holder and totally bailing out at this point. Too much risk of having to kick oneself for missing a jump like we saw in late December. Maybe the secretiveness you've cited has a certain psychological force that keeps shareholders hanging on. If we knew everything, maybe we'd bail out for a few weeks, which wouldn't help the already struggling stock price. ... Yet I keep thinking about the institutional buyers of the secondary. Would they be less informed than I am about what's going to be happening in the next few months? If not, doesn't that, too, make it risky to bail out right now? Just random musings. leo

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