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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 59.96-4.6%Dec 29 3:59 PM EST

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To: A.J. Mullen who wrote (4070)4/23/1999 12:04:00 AM
From: Andmoreagain  Read Replies (3) of 29987
 
A.J. Mullen: You have hit the proverbial "nail" straight on the head. If Iridium is drowning, why not grab the nearest life-vest - that is, lower the cost of using the system to vanishingly low levels in a restructuring scheme and make it too attractive to NOT use. What then of Globalstar's vaunted price advantage? Poof...it disappears.

A perceptive post...
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