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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 58.28+15.3%3:49 PM EST

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To: Jon Koplik who wrote (10700)3/9/2000 11:45:00 PM
From: A.J. Mullen  Read Replies (1) of 29987
 
Jon your inequality doesn't give me any info. I'm not short, although I don't see why that would invalidate my question.

The cost of the satellites was large. the longer their life, the greater the pay-off.

I was long a long time ago, and posted as to my reasons for selling. At some stage I might buy back in, but presently I have no position. I said while I held and when I sold that I thought everyone, including G* management but not Maurice, underestimated the potential market of the poor in rural areas. I still think this this market will be more important than urbanites who occasionally might go beyond terrestrial coverage. I wonder if the satellites will still be there by the time management gets call boxes installed.
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