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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 60.86+1.6%Nov 25 3:59 PM EST

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To: Goodboy who wrote (4202)4/27/1999 12:09:00 PM
From: JMD  Read Replies (3) of 29987
 
Goodboy, thanks for an honest, thoughtful, and comprehensive reply. I personally take no joy in the obliteration of capital whether debt or equity, whether Iridium or any other company. It's just a damn shame that I* constellation can't be re-cycled in some manner. [without a shred of technical competency, I was hoping that our Mr. Schwartz could get Motorola's Mr. Galvin on the horn and "meld" their birds with our birds. I'm a hopeless win-win seeker, but must say I was afraid of exactly the answer you delivered, i.e., that I*'s design was so damned specific it could never be employed for any other purpose than that for which it was intended]
Since LOR/G* are being tarred with the fall-out from the I* disaster, must also agree that the only upside is to take advantage of the absurdly low market valuations and wait for the Street to figure out that the two are as different as night and day. Thanks again. Mike Doyle
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