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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 60.15-4.2%Jan 16 3:59 PM EST

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To: Jeff Vayda who wrote (1600)8/4/1998 11:02:00 AM
From: Valueman  Read Replies (2) of 29987
 
This was a DAMA VSAT contract in Romania, with shaky funding coming via the US government. Lockheed was willing to take the risk--others were interested, but were, in the end, not willing to take that funding risk.
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