Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Maurice Winn who wrote (7694)	8/24/2001 10:56:25 PM
From: Ilaine	Read Replies (3) of 74559

Globalstar makes the news!>>Wave of High-Tech Failures Could Become Deluge . . . -- Globalstar Telecommunications Ltd (Nasdaq:GSTRF - news), the mobile satellite telephone company, is on the brink of bankruptcy. After cutting half its staff this month, it said it could make its cash last the rest of the year, but probably not much longer. SILENCE FROM WALL STREET What does Wall Street have to say about these companies' prospects? Not much. In an insult worse than harsh criticism, financial analysts are simply ignoring the same stocks that were on the top of many brokers' recommended lists.<< dailynews.yahoo.com Although I have to say, ATHM shareholders got scrod worse than GSTRF shareholders. finance.yahoo.com But the winner is still MSTR: finance.yahoo.com

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