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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT -- Ignore unavailable to you. Want to Upgrade?


To: tuck who wrote (6364)8/6/1999 11:31:00 AM
From: Jeff Vayda  Read Replies (2) | Respond to of 29987
 
Strong Volume in G* maintaining most of the early morning gains. Time will tell if the rise is due to thoughtful insight, or just a herd following of Gilder. I would like it to be the former but I suspect the latter has more short range influence.

The critical mass of positive information sources for G* is being approached. At some point the bad news about I* and ICO will be eclipsed by the good news about G* prospects. Unfortunately it will be some time yet. Loral must put out good numbers for G*. As was pointed out, we may not get the numbers we want in a timely fashion. (this calendar year)
But that is alright by me as long as the good numbers do come out. (5 year time horizon for stocks and all that)

Jeff Vayda