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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 62.88-0.5%Nov 14 9:30 AM EST

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To: Jon Koplik who wrote (19476)11/24/2000 4:35:43 AM
From: Maurice Winn  Read Replies (1) of 29987
 
Jon, When you and Ramsey start writing very long expositions, especially with question and answer stuff like Socrates, something is up.

Ramsey even got into a spot of politics for goodness sakes.

I suppose it must mean that Thanksgiving Y2K was the bottom. That was when the official short squeeze was planned.

All that bonds and guarantee and financial stuff is right up Bernard Schwartz' alley, [as shown in the Lockheed loan episode]. He has surely noticed that the bonds are trading really cheaply on the belief that the constellation is worth nearly nothing.

The constellation is worth a LOT more than 20c in the dollar. At 20c, a buyer would get a very, very cheap, fully-operational high-quality worldwide phone service.

Mqurice
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