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: JMD who wrote (1595)	8/4/1998 9:58:00 AM
From: Valueman	Read Replies (2) of 29987

<<Okay Valueman, I'd say it's call and raise time. If G* doesn't open up the cash registers till June, what's your thought on capitalized value impact? I think the street has over-reacted myself, but the decline THIS TIME has a much better basis behind it vis a vis the absurd Bernie is targeting the U.S. B.S. of a few months ago. Thanks, Mike Doyle>> Well Mike, that date has been my reference start date for some time. It does not change ny valuation one bit. I think the recent decline has very little basis in fact once again. If I look at the supposed reasons, they are once again nonsense. Iridium delay? That can only be a plus. Zenit worries? No worries mate. Zenit delays? Nope. Gateway delays? They seem to be on time--the final software may be a problem, but there is definitely not enough info out there to even brew up a good worry! Handsets? Should not be a problem. Service providers? I would like to see some action to replace Hyundai, but India was never being counted as a huge market. So the market's worry is once again overblown due to a lack of real information.

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