Globalstar Telecommunications Limited GSAT Message Board

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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: Renby Cage who wrote (1563)	7/31/1998 9:54:00 PM
From: Maurice Winn	Read Replies (3) of 29987

Renby, Why have only the visionaries figured it out? Because most people have trouble working a VCR, so to think that somebody can launch eggs into space, using some magic connection to a stupid little cellphone which barely works on earth is a bit of a stretch. Visionaries, adventurers and explorers have been known to come a gutser. 'Who Dares Wins' is fine in the movies, but most of us prefer to be on a couch while we chant the mantra. So mostly people invest, like Warren Buffet, in more down to earth stuff, even if the projected visionary P:E is very low compared with Coca Cola etc. For Qualcomm, there is a lot of FUD. It sticks until something creates cognitive dissonance. Preferably a high earnings rate. Plus, people just won't believe something until the crowd is running. My guess anyway. I'm patient. Maurice

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