Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 60.51

+6.5%

3:32 PM EST

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To: Jeff Vayda who wrote (1550)	7/28/1998 6:28:00 PM
From: Maurice Winn	Read Replies (2) of 29987

Jeff, I'm sure Globalstar will make big heaps of money and $25 per share is not overvalued. I'm sure when the system is operating it will be worth $50 per share. When it is at 'capacity', limping along and selling maybe half the minutes it could, we will see $150 or $300. So please don't mistake my p-----g comments as being 'oh no, it's game over for Globalstar'. A successful August launch will be a big lift to hopes. It surprises me how much people put on the launch, with quite large swings. Putting the brains on the ground was a good move. I suppose 3 years from now, there might be some bumbling attempt to get a beta peripheral p-----g system established. Meanwhile, they can fill in the pot holes as they go. Maurice

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