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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 62.25+6.2%Dec 19 9:30 AM EST

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To: Maurice Winn who wrote (4743)5/19/1999 11:59:00 PM
From: Andmoreagain  Read Replies (3) of 29987
 
Maurice and ICO post (your post #4743): Interesting turn of events. "...Globalstar is in trouble." That's heavy stuff. But, what's really interesting to me is the long term growth rate for Globalstar that one major Wall Street firm published (this is once the system is fully up and booked) - a little over 5%, a rate they say a Bell operating company grows at.

Is that crazy? Is this entire business just a big money tree that's making the originators wealthy and making fools of investors?

Darned if I know... and darned if I'm going to guess. Just thinking out loud.
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