Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 56.80

+0.2%

Nov 21 9:30 AM EST

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To: Jeff Vayda who wrote (3620)	3/29/1999 6:10:00 PM
From: Dragonfly	Read Replies (1) of 29987

Since the last launch has not provided a boost, it is apparent that the street is not counting launches. If you remember this is quite the opposite of the situation when I* was launching. Each successful launch had a corresponding rise in price, usually right before. I expected the same pattern would hold for GSTRF and am dismayed that the price isn't following value. GSTRF's problems started with the failed launch last fall. So, clearly that affected the price... but we're down where it got then and things are going well. I can find nothing to account for the low stock price- the story is good, the progress is very good, and the quality of the final product looks just as good as always. I'd not been planning to accumulate more, but its hard to argue with these discount prices! Dragonfly

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