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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 73.01-0.9%Dec 12 9:30 AM EST

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To: dougjn who wrote (1974)9/10/1998 2:20:00 PM
From: Maurice Winn  Read Replies (3) of 29987
 
Doug, $8 has to be absurd. Globalstar was $3 back when cmdaOne didn't even work. There was no funding. It was just a dream. No spectrum. Just a system under design and a bunch of planning.

Since then, all has gone well. Extremely well, apart from this damn crash. The value of the crash is trivial overall. The delay is also trivial, compared with the view from 3 years ago. At that time, service was not for another 4 years or so. Now it is, after the crash, only 18 months away or at most two years.

I can't be bothered analyzing more at 6 am having been awake and hour or two. I'll take a look later...

You have to admit it is all a bit of a laugh.

Turned out it was a Simpsons Launch! I thought I was kidding. Even some script reading for "live details". What a joke.

Maurice
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