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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 62.58+2.5%11:14 AM EST

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To: Maurice Winn who wrote (13475)6/13/2000 7:52:00 PM
From: TMann  Read Replies (1) of 29987
 
G* is not releasing numbers because they are bad, as evidence of Elsacom release. Maurice your math is exact, 2000 is a small percent, which means there is at most 20k subscribers. This is why Bernie is sitting on the #s. He knows what will happen to the stock if it is announced today, so he's holding out till they improve (end of 2nd Qtr.) He won't release them in Aug. either, just the MOUs which will confirm the lack of subs. All this is my opinion which disputes Investarts rumor (I hope his info is correct, not my hunch). But if we do have 60K subs. why wouldn't G* say something? Isn't it in their interest to turn perception and stock price? Certainly, therefore no news confirms bad news. What infuriates me is there seems to be no initiatives to increase sales by offering a $500 sat only phone, or more incentives, or something. Instead we have no response, no action, nothing. I can't understand it. No wonder folks are turning to wheaties instead of Globaldog.
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