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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 62.88-0.5%Nov 14 9:30 AM EST

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To: leo_bloom who wrote (10176)2/18/2000 9:02:00 PM
From: duncan moyer  Read Replies (1) of 29987
 
Last night I dreamed I was falling. When I checked the price of G* I realized it wasn't a dream after all.

Kidding aside, seems those in QCOM prior to 1999 had similar problems with fits and starts in share price, along with repeated attacks on the technology. Those who kept their shares were richly rewarded last year. I do my best to keep what little faith I have at times like this.

Attention K-Mart shoppers, we have a blue light 50% off special on GlobalStar in aisle 3, I see a bunch of people milling about and everyone is bitching that it is on sale and few are buying. In the future when the price has been raised to $50 or more we'll likely see many of the same people fighting to buy. Go figure.

This cratering has a negative effect on my net worth, however I'm not ready to sell G* now, and would not even if it was at a significantly higher price, so I will consider adding to my position at these prices.
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