Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 48.46

+0.4%

11:51 AM EST

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To: Cosmo Daisey who wrote (254)	1/18/1998 12:14:00 PM
From: brian h	Read Replies (1) of 29986

Cosmo, It is kind of late to response to your post since GSTRF has been back to its current level (share price). Regarding your "A concept company" concept, I would like to cut in from a financial standpoint. GSTRF is not a concept company anymore. It was a concept company when it was on its original drawing board. It was a concept stock when original partners invested several millions dollars on this project only. It was a concept company when its market value worths $2.5 billion a year ago when a full $2.7 billion financing was not there yet and no partners commited enough funds into this project. All of the above have been accomplished. It is no "a concept" anymore. Do you think these original partners, financial bankers, investment bankers, various countries telephone company's exec. are " dumb and dumber" than us investors here? Are they willing to spend $2.7 billion dollars for just attracting you and mine hard earned investment money only? Apprantly not. However, it does have a risk involved. That is why this company still not worth as much as it should be yet. Just wait for the day it is operational! I will tell you what companies on the market out there are "concept" companies. The most famous one is MSFT. I like the company but it worths $180 billion market value with a $11 billion sales. It is a great concept company for what it worths? Agree? I do not think this company will ever reach even half of what it worths in sales in my humble opinion. Then, whey does it worth that much? Does Mr. Bill Gate ever imagine to invest $2.7 billion dollars in the begining to start a company? Not. Take another example, "Yahoo", I invested in in because it is a concept company and get a great return. It is still a concept company because it worths $3.5 billion with $120 million sales. Will it ever reach a half of what it worths in sales? May be. Most likely not. That is why I get out. Did the original partners invest $ 2.7 billion to start a company? They got a graet concept. Agree? In fact, most of the start up companies are a concept company only. However, can you find any start up company now plans to spend $2.7 billion to be a concept company except Iridium and Globalstar? GSTRF WITH IT GRAET MARKETING PLAN AND GREAT EVERYTHING SHOULD WORTH MORE THAN WHAT IT WORTH NOW? AGREE? With a high degree of risk involved, of course. Good luck to all Brian H.

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