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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 59.79-0.6%Jan 20 3:59 PM EST

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To: Maurice Winn who started this subject3/18/2001 6:37:51 PM
From: Michael Allard  Read Replies (5) of 29987
 
What happened to the Globalstar Users Forum?

This post slightly off topic but...

I was in Northern New Hampshire snowmobiling this weekend - deep into Gods country. No cell phone service, no internet service. Of course, I had my GSTRf phone with me and was able to make any calls I needed form the trails, including a few after crossing the Canadian Border. I was also able to get my longitude and latitiude position on the phone, a feature I didn't even know it had until this weekend!

When I was back in my lodge, I placed the phone on the window sil, plugged in the data cable, and connected to the net at speeds of 33K (even though they advertise 9600, my speed test and dial up connection was reporting 33K).

I know our stock is struggling, but the product is AWESOME, and very usefulll in the right applications.

On a more On Topic matter, I am strongly considering the bonds at 10 cents on the dollar. At this price, the liquidation value of the asset is market priced to around 150 Million. I think this is too cheap, especially after reading about the numbers tossed around for the grabage Iridium system.

Good luck to all!
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