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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 63.70+6.1%Jan 12 3:59 PM EST

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To: Maurice Winn who wrote (11548)4/6/2000 7:34:00 PM
From: Jeffry K. Smith  Read Replies (3) of 29987
 
Maurice,

You've got me really confused!
We have a bit of anecdotal evidence right here. Valueman, whose task it is to make a lot of money and who knows the intricate details about Loral and Globalstar, does NOT see a raging bargain at current prices... Therefore, I don't see why mobs of newcomers should see a raging bargain either.
The way I read this, you are saying that at present neither LOR or G* are bargains? I have read many of your posts and have the impression that now is the time to get in, because once G* gets their marketing equal to their system - the sky is the limit...?

Where have I gone wrong in my interpretation?

I respect your opinion a great deal, and was warming up more and more to G*, then I saw your post!

(btw- was in G* before this weeks "crash" and am considering G* purchase again, rather than LOR - not sure if this is wisest course)

Thanks for shedding whatever light you care to on your mindset.

Regards,
Jeff Smith
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