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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 62.25+6.2%Dec 19 9:30 AM EST

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To: Jeff Penrod who wrote (1395)6/24/1998 5:23:00 PM
From: dougjn  Read Replies (1) of 29987
 
<<Having said that, it seems like the stock will go down if the Zenit launch fails. On the other hand, it probably will not go up too much if it is successful.>>

I would have agreed with this a while ago. Now, however, I think Gstrf has already gone down, part way at least, on Zenit worries.

So I imagine there are ups, as well as downs, riding on the Zenit outcome.

Doug
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