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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 61.33+0.5%10:23 AM EST

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To: Jack Hartmann who wrote (10754)3/11/2000 1:24:00 AM
From: Kellenberg  Read Replies (1) of 29987
 
<As soon as Iridium is done, another pops up.>

Hello all. I'm a new investor in G* and like most of you getting hammered in the last few days. But the above statement will have me averaging down on Monday morning.

Mr Hartmann's last post says to me that there are people out there with some pretty big bucks that feel that this type of technology is extremely worthwhile. I'm not a sophisticated investor, and I'm sure that those that are laying down these billions of dollars have a view of the coming technological landscape that is more clear and more broad than mine. But the fact that they are laying out this kind of money at all speaks volumes to what they think of the market's potential.

Quite frankly, I'll take a company that already has the satellites in place and the phones in the sales channel.This just looks like a REALLY good buying opportunity.

JMHO

John
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