SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 51.11+8.9%Nov 5 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: tensforme who wrote (12198)5/6/2000 6:34:00 AM
From: Maurice Winn  Read Replies (2) of 29986
 
Charlie, an acquisition is on the cards! The share price is already so low that Q! or Vodafone [or others] could nab control of Loral and Globalstar and have themselves a brand spanking new, high-quality ready-to-rumble satellite-based cellphone business with a non-stop technological upgrade path to 2010.

It all depends on how chicken the existing shareholders become. If they don't have confidence themselves, I guarantee, via the usual double your money back offer, that Q! or Vodafone [or some other WWeb operator] will buy it.

There could be quite a bidding war and with shorts covering flat out, it could be a LOT of fun.

It's important to keep in mind though that Q! is not behind Globalstar in the sense of protecting existing shareholders. Q! is just behind it in the sense of buying it at the right price to promote other Q! interests and make profits from Globalstar too. Nobody is interested in rescuing existing shareholders. That's the nature of being a shareholder. We carry the risk and get the profits or are ditched as a has-been [or in this case, a never-was] at some low price [such as $9, but NOT zero; maybe $6 at worst].

I like fun,
Maurice
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News