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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 48.26-5.6%Nov 6 3:59 PM EST

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To: Rocket Scientist who wrote (11584)4/7/2000 9:23:00 PM
From: Jim Parkinson  Read Replies (1) of 29986
 
I couldn't agree more RS. Let't see what happens with the Italian navy in a few weeks.

In the first qtr we have had a launch in markets where only vertical prospects really need the service. Those prospects will take time to evaluate and convince themselves that G* isn't going the way of Iridium (something good pr could help with.) Once a few start coming on board, look out.

In the last week, we have had a launch in Australia, Scandinavia and the no. Atlantic, parts of So. America, and Eastern Europe all areas that have both horizontal and vertical prospects. I think we will see some uptake in those markets in the weeks ahead. I would trust RS's figures over most analysts at this point.
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