Globalstar Telecommunications Limited GSAT Message Board

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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: Andmoreagain who wrote (4096)	4/23/1999 6:24:00 PM
From: Dragonfly	Read Replies (2) of 29987

Who cares if the price is low? The only issues are ability to raise fund and possibility of a takeover. Other than that, at this point, I want the price to be low. I presume others on this list are like me and are diverting cash flow each month into these stocks. If G* were up in the $400 range like net stocks on speculation, I'd be getting a lot less stock for my dollar... and my returns would be a lot less when the stock is really worth $400. As long as it doesn't affect the operational aspects of the company, a low price in the pre-profit days is GREAT. Buy more! Those who sunk all their money in earlier and aren't putting more in, I can understand how they would be anxious. Dragonfly

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