Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 60.66

-1.6%

Feb 2 3:59 PM EST

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To: Maurice Winn who wrote (2955)	2/13/1999 11:31:00 AM
From: Joe Brown	Read Replies (1) of 29987

We'll know how many are selling with the Q1 report, and will have to content ourselves with that answer for now; however, the stock price performance will likely offer a clue, as it is exceedingly difficult for good or bad news to be kept completely secret on Wall Street. <How come none in UK?> I'm not convinced that's accurate; the reports we're reading are old news. I believe the logjam has been broken and handsets are being delivered freely now. Incidentally, a lot of the negative reports I've seen lately have been authored by writers whose names have not surfaced in connection with Iridium until recently. I'm always a bit reluctant to accept the sudden appearance of such reportage after a lengthy stock price decline without wondering if short sellers believe the worst is over and that a durable advance is about to start. Just my opinion...nothing more.

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