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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 59.88+5.4%3:59 PM EST

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To: gdichaz who wrote (3669)3/31/1999 9:22:00 PM
From: kitterykid  Read Replies (2) of 29987
 
Is Bernie always right? So far I'd say so - buying all those great defense electronics businesses from Ford, IBM, Goodyear, LTV, etc. for next to nothing and then selling them all out at the top to Lockheed Martin and keeping the absolute best businesses for the "new" LOR - satellites. In my mind the only major black mark on management was the decision to go with Zenit. But that's history and water over the dam. I've been an investor in "old" and "new" Loral for over 20 years. Bernie may be a bit of a dictator but he's an extraordinary visionary who's been very successful with his companies. I'll stick with him.
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