Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 69.06

-5.5%

Dec 15 3:59 PM EST

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To: Paul Shread who wrote (1985)	9/10/1998 4:53:00 PM
From: Sawtooth	Read Replies (1) of 29987

Hello, Paul. Thanks for asking. I'm doing OK. I'm at one of my highest levels in cash in many years since I'm somewhat of the Ramsey and Doug (Chicken Little I & II) persuasion at this time. This is not helped in the least by my deep involvement in a Year 2000 project; unpleasant news everywhere I turn (our organization's fine; it's everyone else I'm not so sure about!). I haven't been too concerned at all about my Lor and G* since I bought them not even planning on thinking about them for several years; although, should they go to low-mid single digits I'll be faced with that old question: A) is this the opportunity of a lifetime, or B) is this company going out of business? One thing I've pondered a little: If there is a significant collapse of traditional phone services due to Y2K problems, and I don't think that's by any means impossible, it could be a stellar opportunity for any new, nontraditional service providers; although I certainly hope all goes smoothly for everyone come the new millenium. How are you doing? OK, I trust. ...Tim

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