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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 62.37+6.4%Dec 19 3:59 PM EST

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To: Goodboy who wrote (4588)5/13/1999 9:08:00 PM
From: Andmoreagain  Read Replies (1) of 29987
 
Goodboy: First, let me credit you with being well-informed, as well as correct, on the Iridium restructuring story long before it happened. How you arrived at your conclusions is not important, but your information was quite helpful.

Some time ago you stated that Iridium's restructuring, when it was announced, would set up a buying opportunity in Globalstar, probably in the summer. Do you still feel this way? I ask because Globalstar is creeping up on a breakout, and might not fall to the level you suggested.

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