Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 56.68

-4.7%

Nov 20 3:59 PM EST

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To: Joe Brown who wrote (2858)	2/9/1999 1:35:00 AM
From: Maurice Winn	Read Replies (1) of 29987

Cost control "What...they can't afford a mere $3000? I hope the bankers didn't hear that comment!" I love hearing that Jack and I think bankers would too. It signifies a tightwad which is what I like to hear. The story goes that Bernie Schwartz never met a cost which he liked. Some would argue that's why we got in trouble with Zenit - but I disagree. The bent pipe, the Zenit, the low cost approach is the way to stay competitive. Zenit to me was a good risk [given the launch history] and I'd be blasting some more up now on another Zenit. Rah! Rah! Rah! Globalstar... Maurice

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