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Technology Stocks : Globalstar Memorial Day Massacre

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To: A.L. Reagan who wrote (55)5/11/2000 3:22:00 PM
From: Maurice Winn  Read Replies (1) of 543
 
AL, I've received quite a few PMs and it seems that a few wayward souls have jumped the gun and already moved their shares to a cash account.

Oh well, I suppose some pre-emptive strikes were bound to happen with [I bet] some shorts who dabble in these SI streams having already covered to nab the lows and planning to re-short when this dog hits $15 or $20.

It would be funny if shorts made a lot more money and naive shareholders who have watched in panic as their share price dropped sell at the first hint of a rise.

Fancy CNBC doing an item on it! I guess it will be sort of like watching a bullfight for them. My little armoured Tonka-Truck should be safe. People love a fight and some fun.

Today's the day DDI announce their cdma2000/W-CDMA decision and we find whether QUALCOMM is really going to bid for spectrum in Japan. It's already Friday here and in Japan. Early, but Friday.

If DDI goes cdma2000, that's a wildly big whooopeee from the Q! camp. NTT with their silly Dutch 'international expansion' will be very, very worried.

Globalstar will dovetail nicely with cdma2000 [HDR etc] in a few years when Constellation2 is up and phragmenting photons like crazy.

Mqurice
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