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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 50.53+4.7%Nov 7 9:30 AM EST

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To: Fledermaus who wrote (181)12/18/1997 12:51:00 PM
From: Jim Parkinson  Read Replies (1) of 29986
 
Readware just posted that to his knowledge, the launch is on schedule which can be confirmed from shareholder relations. Jeanette Clonan said last week that everything was on track for a Feb launch and that the window for a launch opens Feb 5. That doesn't necessarily mean they will launch that day but sometime soon thereafter.

Brian, yes I remember it stalling at 50 - 62 presplit and I bought from there all the way down to 48. I guess I can't complain. I am still in the money it sure felt better when we were pushing 58 post split. Technically, were aren't having fun right now but fundamentally we are sound from everything I can see. I agree with a prev post concerning Bernie's business acuman and believe he knows what he is doing regarding pricing.

Some seem to want to make a big deal out of the fact that I* will be in the market sooner than G*, but from what I can tell the market is huge and both are going after somewhat different segments i.e. G* rural, 3rd world, and I* bus traveler. Both are going to do well in my view. It is interesting that I* seems to be having as much or more problem in this market than G*.
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