Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 59.96

-4.6%

Dec 29 3:59 PM EST

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To: Maurice Winn who wrote (12)	11/5/1997 11:41:00 PM
From: dougjn	Read Replies (2) of 29987

Maurice--I think this "C Wisdom" is very much taking as given the key issue behind investing in this sector: <<but it is now conventional wisdom that demand for satellite voice and data is going to be huge].>> My guess is that I* will fail miserably, because they will not find sufficient demand for their mobile executive service at the price, and at the size/bulk/challenged receptivity of their service. G* price of service and equipment strikes me as within the rage of possiblility. And if there is enough, there is probably huge, since we are talking such tiny % of covered areas, etc. Merrill Lynch's downgrade of I* citied various issues, stock ahead of itself, but between the lines, it was obviously based upon concerns about unproven levels of demand. Regards, Doug

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