Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 60.20

-0.4%

12:01 PM EST

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To: Rocket Scientist who wrote (10081)	2/12/2000 10:36:00 AM
From: David Wiggins	Read Replies (2) of 29987

biffpincus, As I have learned (tongue somewhat, but not totally, in cheek) you cannot believe a word the company says when it comes to numbers. Having said that, I'm long, and will continue to be so. At this point though, I honestly pay no attention to the numbers the company projects . I'll believe hard numbers when I see them. I see this as a concept stock until then. In a sense, you've gotta believe in a concept that has already bankrupted two competitors. You gotta believe that the design of this system, the partners, the management is all superior at least to the degree that they can pull it off where others have failed. That's A LOT to believe and that's why the stock is so volatile. Beliefs are easily shaken. As Adrenaline man said though, NOW is the critical time. By May at the latest, the picture will be much clearer and it may be too late to get in or out (whichever the case may be) at anything approaching these values . Regards, Dave

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