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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 56.80+0.2%Nov 21 9:30 AM EST

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To: Maurice Winn who wrote (1556)7/30/1998 3:32:00 AM
From: Renby Cage  Read Replies (1) of 29987
 
<<<<<<<DON'T BUY GLOBALSTAR TELECOMMUNICATIONS LTD!!! Maurice >>>>>

<<<<<< 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. Maurice >>>>>>>>

More than double within a year. 6-12X appreciation within 4-5 years. Why in the world would you not want to buy it. I wish I bought some at 3 like you, but at this stage at less than 25, I've loaded the truck. With a little luck we'll launch two dozen eggs into orbit, maybe three, by the end of the year [without breaking them]. If so, the stock will be worth 40% more than today by new years.

Renby Cage
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