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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 48.26-5.6%3:59 PM EST
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To: Valueman who wrote (243)1/10/1998 7:53:00 AM
From: Timothy R. Tierney  Read Replies (2) of 29986
 
I tend to disagree with Valueman......A delay would be perceived as negative but that would be a short term thing........a delay doesn't change the fundamentals of the cos. or the concept.......and we would only have to learn to be patient.........A launch or orbit or satellite failure on the other hand would be perceived as very negative and would hurt the cos. very much and change the fundamentals.... as management execution would be considered lacking and the technical abilities of the cos. would be placed in doubt........Further, Iridium would then be seen as the co. that can perform when the chips are down and ultimately the better investment. Eventually, Loral and Globalstar would recover but it would only be after some significient successes. I for one would like to see the launch take place but ONLY if it ready.......I'll take a delay rather than a failure during execution.
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