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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: dougjn who wrote (125)11/6/1997 12:42:00 AM
From: SidStock  Read Replies (1) of 29987
 
Doug-

You dont understand why downgrades are issued. Merrill Lynch
issued a downgrade on I* because they had major clients that
wanted to get into the stock. Upgrades mean: I have a major
client that wants out of this stock, and the reverse is for
downgrades.

I have both I* and G*. They will both make money. I took
the gift from merrill lynch and last weeks selloff to really
average up on I* around the mid 30's.

G* is the cheaper system, but I* is more secure/reliable. Any
government official, rovering reporter, etc... will want an
I* system where they are sure to get their call out from
3rd world countries to the US. The bent pipe system can
be comprimised.

Sid
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