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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 60.01+0.4%Jan 9 9:30 AM EST

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To: Andmoreagain who wrote (4263)4/28/1999 6:29:00 AM
From: Dragonfly   of 29987
 
Rene Descartes once said: "The truth has no need of defense." If I were a Globalstar supporter (and who's to say I'm not?), I would fear most of all a message board filled only with what I wanted to hear.

I think the investing equivilent of this is the title of a Philip Fisher book: "Conservative investors sleep well."

In other words, if you've done your homework, and are paying attention to the fundamentals, you don't loose sleep over G* being at $13. Everything here that vets out the REAL risks and REAL rewards of the stock help us to know what the REAL fundamentals are.

I only lost sleep at $13 because I was too greedy to buy then and was waiting for it to go lower, but afraid it wouldn't.... never because I doubted the company. The risks are clear, and that makes watching the company easy.

Dragonfly
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