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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 57.61+14.0%Nov 10 3:59 PM EST

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To: y2kate who wrote (17039)9/20/2000 10:22:25 AM
From: dwight martin  Read Replies (2) of 29987
 
Down another point today. Obviously, the market not clapping with both hands on this one. But what does this have to do with the long-tern prospects for the stock?

Anyone (any long, that is) who doesn't believe that G* will survive until enough of its minutes are sold, should sell, whether they get stopped or not. Anyone who thinks G* will avoid bankruptcy and reach full utilization of their system should hang in and buy on dips.

I believe that this unique system will be kept afloat until its own engines catch, at which point there is some real money to be made. Until I see something that makes me think otherwise, I will buy on dips when (and if) I have the cash to do so.
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