Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 64.97

-1.1%

Jan 23 9:30 AM EST

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To: Jon Koplik who wrote (14077)	7/2/2000 4:44:08 PM
From: timers	Read Replies (1) of 29987

Globalstar is priced for some level of success at 5 or 6 or 7 or 8 or 9 or 10 or 4 or 3 dollars and it's not going to happen. The satellites weren't set up for data. That's a different ballgame in which there are gonna be clear leaders. The bounce here is on the data hope hype. It won't happen. As for phones... cell rules and gstrf can't ever get enough subscribers to even pay interest on thier debt. It was a FAILED business plan. nothing more nothing less. Nobody anticipated the expansion of the cell system. To admit failure here would only hurt the guarantors stock price so they delay as long as possible. Wouldn't you want to delay your inevitable death as long as possible? There is no benefit in admitting "we are going to fail". Nope. Keep it afloat and go down kicking. Watch. btw..if you didn't see...they just defaulted on all their loans. Sounds like good guys to me. borrow but don't pay back. If you had a business what would you think about someone that you went out on a limb for and they always promised to pay you but always always always broke alllllllllll their promises. you would think "promises, promises" ...then you would take them to court and try to get their but thrown in the can. But you wouldn't want their lies to ruin your business first. So you would delay the payments further until you decide what to do to keep your business (aka stock price) right where it is while you get rid of the cancer that is coming to you in nice promises. That's what's a gonna happen. It was a bad bet. baaaad. You think the bad better is gonna tell you bad things about their bad bet? Only good things. (like data bs) Watch. (btw...if you wanna play long and hope for another little bounce and trade out be my guest...but i'm stickin with the SURE thing. meanwhile you talked moms and pops into going long and they won't know to trade out for a point or two if they are lucky and will get hurt and all because of your believing the same crappy lies that the guarantors hope you believe. failed business plan. They have done NOTHING they promised from the very start. Nil on the subscribers.) that is fact.

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