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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 60.81+1.1%12:38 PM EST

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To: limtex who wrote (1488)7/22/1998 6:57:00 AM
From: Maurice Winn  Read Replies (2) of 29987
 
Simple really Limtex, Zenit being delayed and maybe going to go 'bang' on the launch pad with 12 satellites going 'poof' gives people the heeby jeebies. And anyway, just how many subscribers are going to sign up? It's also exceeded the attention span of the hyperactive baby boomers who were brought up on instant gratification.

Mainly though, I recommended all sell it at $72 and buy Qualcomm at the then price of $48. So I guess a few people took my advice. And they had the cheek to not even pay me. I've sold some Graviton Spin Reversal shares, but received no checks in the post from those who bought at $48 after selling at $72. I expected 10% royalties.

Don't worry though, Globalstar is great and in a couple of years profits will be raining down; almost literally manna from heaven.

Maurice
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