Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 64.97

-1.1%

Jan 23 9:30 AM EST

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To: RMiethe who wrote (5072)	6/5/1999 9:26:00 PM
From: Michael Young	Read Replies (2) of 29987

Frankly, I don't trust Wall St at all when it comes to a "concept" stock like GSTRF. The company has and will be in serious need of financing and the street is eager to get a piece of the action. So analysts put out all kinds of bullish forecasts. These forecasts then gradually get ratcheted down as reality (beginning of service) gets near. MIKE

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