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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 387.88

+1.2%

Nov 28 4:00 PM EST

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To: dvdw© who wrote (51762)	6/27/2009 4:44:54 PM
From: Maurice Winn	3 Recommendations Read Replies (2) of 218118

Aarrghhh.... <and ask yourself, what next. the greatest story is the story yet to be told. > That reminds me of getting an eagle [golf] and walking off to the next tee. A lady said, "now for the next shot". Similarly, a stockbroker said, years ago, after the initial success of QCOM, "Be careful of the next thing", which was Globalstar - aaaarrrgghhhh...... Okay, here we go, coming ready or not. But there's more to life than making money, though that's an essential ingredient and a measure of success. Globalstar was great and it's still going. If pioneers hadn't been willing to get arrows in their backs, Constellation 2 would not be nearly ready to launch and billions of people would have to continue scrabbling in the dirt looking for the fake wealth of gold and other terrestrial profits. What matters in the long run and the big picture for Globalstar is whether the total returns over 100 years justify the accumulated investment over that time. Ideally, it should be the best investment of all other options. That's vastly improbable because of all the trillions of investment prospects one of them has to be the best and it's not likely to be any particular effort. Globalstar has a chance to be that most successful of all successes. It's more satisfying to have helped it on its way than to be sitting here clutching a few bars of gold bought in 1995 instead of my QCOM and GSTRF investments. Irrational exuberance in 1995 was a worry, but the risk turned out to be very worth taking. Now the world is using CDMA and Globalstar is still providing service with a lot more to come. Mqurice

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