Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 48.26

-5.6%

3:59 PM EST

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To: pcstel who wrote (12197)	5/6/2000 6:44:00 AM
From: Maurice Winn	Read Replies (1) of 29986

PCSTEL, OmniTRACS was definitely going to use Globalstar services at one stage, but that cooled a couple of years ago. I suppose it's still on the cards sometime. I can't recall the links and Q! has deleted all the old press releases, but it was back there in 1996. I doubt Q! wants the Loral assets other than Globalstar and they can buy Globalstar stock directly at a reasonable negotiated price as part of a vendor-financing and stock-buying deal. If you mean we little guys, I'm not interested in Loral other assets and just want the CDMA stuff. Picking the bottom is my game. I don't believe a complete loss on Globalstar is possible. Sword and co are taking a big risk if they wait for zero. $1000 a share will arrive before zero and they have no limit on their upward losses. Maurice

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