Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 59.73

-1.8%

3:59 PM EST

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To: Investartist who wrote (16853)	9/16/2000 9:00:41 PM
From: pcstel	Read Replies (1) of 29987

Investartist... <<Notice conspicuous absense of PCSTEL,DEFENDALL & VALUEMAN showing any excitement with the great news of IFN and the jump in share price. Sorry to disappoint them with such good news....NOT.>> I believe that you take things too personally!! You confuse the concept of investing to make money. With investing to prove one is right or wrong.. Did I short G* and make a lot of money?? Of course I did!! Did I use my proceeds of my GSTRF short to purchase my current LOR long position.. Yes!! Did I sell my QCOM in the high $170's/short it/ .. just ask RocketScientist.. And I just bought it back in the early 60's.. I trade on investor sentiment.. I invest on the concept of expecting my worst case scenario .. That way I am never disappointed.. And while I welcome the positive press and the rising share prices. Excuse me if I don't skip down the street in joy.. Because in reality.. the IFN News, is not NEW NEWS at all.. Kind of like the news of G* CFO leaving.. OLD NEWS!! It was announced months ago .. If you are a firm believer in QCOM and it's management, then you would find the fact that the IFN system actually works as no surprise at all.. Like I stated here earlier. In my opinion.. QCOM has lost confidence in GLP's ability to make a go of it.. QCOM is the one writing the software/hardware to make it work.. It's in QCOM's hands now.. (Charity work for Qualcomm now). And GSTRF/LOR investors can be thankful of this situation,.. I know I am.. A year ago.. The long's said the short's were wrong because "they did not understand the business plan".. Well, as it turned out.. The shorts were the one's that understood the business plan after all.. 13,000 subs after 7 months.. Because the business plan was flawed.. And the shorts made a killing on this equity!! <g>.. GLP refused to change the business plan.. So QCOM changed it for them.. Remember, when BLS was questioned in the Q1'00 CC about the prospects of MDR data!! Even then, he stated that it could be adopted, but he did not see any reason to move in that direction at that time.. I believe little or nothing that BLS says!! And I believe almost anything the I. Jacobs says!! Credibility is the key here. Now the share price is @ 11 1/2 and suddenly longs such as yourself want to proclaim "victory".. It's only @ 11 1/2 versus $30 a year ago.. And as far as your concept that IFN does not need FAA approval.. Message 14380233 While the content of the IFN system may not need FAA approval for use.. IFN's own web site states that the on-board equipment used most certainly will.. inflightnetwork.com Rockwell-Collins is responsible for all aircraft certification requirements for on-board aircraft systems and equipment. Start showing me some meaningful revenue, or dramatic M/M subscriber ads.. Or maybe those "SP's" that are going to come up with the financing package that is void of additional LORAL funding.. Although I realize they are still on summer vacation.. Remember, I covered my short, and collected the cash months ago. <g> PCSTEL

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