Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 61.21

+1.8%

Dec 2 3:59 PM EST

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To: Joe Brown who wrote (3449)	3/16/1999 11:45:00 PM
From: Maurice Winn	Read Replies (1) of 29987

Jack, don't feel guilty about honest enthusiasm. That's great! Even if wrong. It's part of being honest and enjoying what you're doing. Emotions should be in investing. But brains should always remain firmly in charge. Thanks for the compliments - but it is mostly self-interest I suppose. I think we're all in it together, so we better play nice when we can. If hagfish come biting though, there is no choice but to slice their heads off. Which I'm happy to do. Then the other hagfish might play nicely too. The thing to do now is not panic and make another mistake. The capital is spent, the satellites are up and they are stuck there until they die, so it's a matter of making the best of it. The worst case is that the cost of debt and operating costs exceed the possible revenue. But maybe things are way better than that. Better do some quick sums! Let's hope ICO cancels. Best wishes, and thanks for the reports on your handset, which I appreciated. Maurice

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