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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 63.70+6.1%Jan 12 3:59 PM EST

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To: Maurice Winn who wrote ()6/17/1998 2:55:00 PM
From: Rocket Scientist  Read Replies (1) of 29987
 
Does anyone understand the multiples commanded by cellular providers like Airtouch? It's at a P/E of over 50 and a price/sales of nearly 7. If G* commands anything like these multiples, in 3-5 years, the most optimistic stock prices projections I've seen on this board will be low.
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