Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 61.31

+1.9%

11:25 AM EST

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To: Maurice Winn who wrote (1489)	7/22/1998 12:29:00 PM
From: Renby Cage	Read Replies (3) of 29987

Maurice, Totally agreed with your sell G* at 72, buy qualcomm at 47. Today I sold qualcomm at 62 1/2 and bought G* at 24 7/8. Not all of my qualcomm, no sir. Just the overload I picked up with plastic last week at 54 1/8. The core Q holding is untouchable til it hits the target at 200. But occasionally will redistribute between my core triumverate holdings of Lor/Q/G* based on opportunity, and like the former situation you called so well, see today as one of those times. Don't think Q will shoot up into the 80's quite as fast as you think without either some landmark event or visibility towards a .60+ 4Q. G* shouldn't go below 23 1/2, and if those dozen eggs don't splatter on the way up it's 30s again Renby Cage

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