Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 54.17

-4.4%

10:39 AM EST

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To: Jeff Vayda who wrote (3620)	3/26/1999 11:47:00 PM
From: Jim Parkinson	Read Replies (2) of 29987

We have folks on Wall Street right now saying that the MSS business is a joke (I heard this second hand about a Lehman Bros. analyst) so what do we expect. G* could go to 10 before this is over. For me, if the penguins are right then I guess I have wasted 4 years of research and I don't know jack shit nor does anyone else on this board. I have never found the penguins to be right until AFTER a stock really takes off then they can say it is a great buy. I am sorry Tin if you are not getting instant gratification but it won't happen with these type of investments. Yes, I am frustrated but only because the market can drive a stock like Amazon sky high and ignore something as solid a Globalstar and Loral both of which will actually have real income some day. The penguins are saying now there is no demand for sat telephony or just enough for one system. Do they now more than Vodafone/AirTouch all those in the business? I don't think so. G* is being killed because of I*. This storm will pass. I didn't plan on spending my profits this year anyway.

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