Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 58.87

0.0%

Feb 10 3:59 PM EST

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To: JMD who wrote (2595)	1/20/1999 1:20:00 PM
From: Jeff Vayda	Read Replies (2) of 29987

JMD: As I said before, get in while everyone is looking elsewhere. I should have increased my stake back in October. In my heart I knew G* would bounce back. But as you know with some of your investments, timing is everything. I margined to get to my stake and got a 'white knuckle' ride for a few weeks. Never had a call but a little too close for my liking. Add to that wonderful Uncle Sam taking his bite after I repositioned my previously profitable portfolio to get into Loral/G/Qualcom and I was tapped out. Too bad, I would love to sit here and say I was up 200% on G. I expect to be able to say that someday, but I am not currently holding my breath. (From fear or expectation I might add, which is kinda nice in and of itself!) As I also stated, I am very presently surprised that G* is enjoying these levels with NO good news for the year. Feels like a large pent up demand just waiting for some good news. Just like the pop Loral got when they announced a profit, all the funds bought in. If the Russians (et al) ever get paid off maybe we can launch a satellite or 12 (ggg) and get this money machine running. Buy now beat the rush. Jeff Vayda

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