Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 61.98

+2.2%

3:59 PM EST

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To: kitterykid who wrote (3037)	2/20/1999 7:16:00 PM
From: Jim Parkinson	Read Replies (1) of 29987

I think Iridium isn't selling handsets because no one wants them. They are too expensive. G* is also my largest holding followed by Lor. I have been adding a little of G* at these prices. I did, however, move some G* into Iridium following the crash but revesed 90% of that error a few weeks ago. I panicked after Zenit and it cost me money which I hope to make back with G. Logic indicated that Iridium would capitalize on G setback, be 1st to market and kick butt. Wrong! I did think they would do reasonably well and I am somewhat sobered by what I am seeing.

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