Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 66.29

+6.3%

12:57 PM EST

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To: Ron Dior who wrote (4789)	5/20/1999 6:37:00 PM
From: Maurice Winn	Read Replies (3) of 29987

Hello Ron, welcome to the emotional world of Globalstar. ALL shareholders of Globalstar are emotional. It seems to be a normal physiological function of being human. Some people claim not to be emotional, but they are self-deluding, which is NOT a good strategy for investing. The important issue is to keep your thinking in charge of your emotions. But investing NEEDS emotions, which are the driving force for humans. To get your emotions running a bit, I expect Globalstar's share price to reach about $800 in the next 6 years. That's because they will sell their minutes [after bumbling a bit while figuring out that a minute unsold is money down the drain]. They'll launch several more constellations with improved technology, efficiency and lower costs with better handsets and great functionality. They have a monopoly on Qualcomm's CDMA which will rule the world. Competitors won't have a show. Iridium is defunct [just a bit of minimizing loss to be completed]. ICO is in trouble. ECCO = Constellation Communications, Inc. is in trouble too. Oddysey packed it in. GEOs have voice delay which won't be acceptable to anyone when minutes for LEOs are cheap enough. You just have to have a bag big enough to hold all the money. We will use lorries in NZ to hold the cash, then buy Gulfstreams for visiting our Globalstar buddies around the world. But don't get overly excited! Maurice PS: In 10 years, Globalstar should be around $2000 per share. Well, I'd say $5000, but don't want to exaggerate.

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