Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 69.41

+1.6%

1:26 PM EST

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To: Mr. Adrenaline who wrote (1622)	8/6/1998 12:21:00 PM
From: Jeff Vayda	of 29987

Mr. A and all. Heard on CNBC last night a guy say he was still bullish. His reasoning was that even though money was being pulled out of the market right now, it was not all going into bonds. In addition, the flow of new money into the market was not slowing. As a result, all those fund managers would be swamped in cash in no time. The funds were being rotated and they would have to flow back into the market. G* and Loral have been bashed beyond reason. Cooler heads will prevail and they will begin an upward track which should coincide nicely with the launches/system start/profitability due this quarter and next. A quick look at the share prices this AM - might be starting already. Jeff Vayda

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