Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 69.06

-5.5%

Dec 15 3:59 PM EST

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To: djane who wrote (3618)	3/29/1999 11:18:00 AM
From: Jeff Vayda	of 29987

Djane: Seems G* is holding up better today given I* weakness. We might have passed the point where G* price is tied to I* fate. Seems the refinancing of the I* deal is near.(CFO out the door) Time to get the cash and reduce my cost basis in G. Qualcom story has supported my initial impressions that good things will eventually come from these companies (Loral/G) because they have sound business plans. The execution of the plans are always impacted by things beyond the company's control, but you work through those events and if constant re-evaluation supports it, buy more. Getting ready to dive in again... Jeff Vayda

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