Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 63.86

-7.5%

2:59 PM EST

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To: Maurice Winn who wrote (1976)	9/10/1998 4:05:00 PM
From: Quilty	Read Replies (2) of 29987

Maurice: I've often enjoyed your posts. Today I bubble forth. Correct me if I'm wrong, but did the leap of faith for Globalstar shareholders suddenly become a chasm-jump a la Evil Knievel? After listening to the con call I felt like a Davidian. No doubt the share price has me unraveled, but the additional launches to "reduce risk" was like a jalapeno on an empty stomach, which is to say I feel sick thinking about it. It would be great to hear from someone savvy in the debt markets. The risk was clearly there, and not unapparent, but yesterday's blow up really drives it home and raises the bar for a clean execution. That Iridium is first only concerns me insomuch as they are more likely to blunder based on their cost structure and different strategy that, in this market, may appear to further discredit our program. Hope things look better from your vantage point. From this window ledge, it looks kind of hazy, lots of traffic noise below. quilty

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