Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 62.84

-0.6%

3:59 PM EST

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To: limtex who wrote (1356)	6/18/1998 10:50:00 AM
From: Jeff Vayda	Read Replies (1) of 29987

limtex: I queried the group last week, did not get a flood of responses. I would offer, due to the lower than normal volume in G* and in the market as a whole, that most of the undecided/momentum players are sitting on the sidelines and waiting. Most of us long termers are in and not buying any more of late. This leaves the small outflow volume from the 'bad' news to drive down the stock in excess of its normal weighting. I dont know the 'bad' news of which I allude to, take your pick: unrelated Russian failures, political intrigue, indigestion of a broker - whatever. On the bright side, when the community does see the light and return, hold on because things are really going to take off. Jeff Vayda

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