Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 64.34

+7.4%

3:59 PM EST

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To: Rocket Scientist who wrote (17655)	10/6/2000 1:54:07 AM
From: Yamakita	Read Replies (3) of 29987

Question for the thread: Has anyone besides Gregg Powers checked with management of G's partners re: demand? If, as Gregg says (and I have no reason to doubt him), they are happy with the state of progress, we can only extrapolate how happy they'll be after the new marketing campaign ensues. This stock is priced for bankruptcy. That is the default. If/when the turnaround comes, it's going to come fast and hard, as the elephants start their migration. AFter several quarters of upside surprises, both in revenues and MOUs/subs, the herd may even stampede. Wall Street has a shockingly short memory span. The risk/reward scenario looks better to me than anything else I can find, even with this huge tech selloff. Is anyone else playing this with leaps? The 2003 15s seem dirt-cheap to me. If we're not bankrupt by spring, the 15s should be a far-distant memory by then, let alone what they'll be by Jan 2003. It almost seems like a short-term option to me: it'll either work by March 01 or it'll go to zero. If it works by next March, the upside is nutso for the remaining two years.

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