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


To: djane who wrote (7588)9/27/1999 3:10:00 PM
From: ccryder  Respond to of 29986
 
A bunch of low volume trades driving the price down with one big trade towards the end. This suggests to me that the small investors are bailing because of the article.



To: djane who wrote (7588)9/27/1999 5:00:00 PM
From: Michael Allard  Read Replies (2) | Respond to of 29986
 
Street.com article -

This gets tiresome, explaining again and again about GSTRF's target market. If the people at the Street.com understood (which they don't) then they would realize that these alliances are irrelevant to GSTRF's business plan.

I have no problem with people who question our target market, but I HATE it when they tear us a part, because a market we never intended on tapping, looks too competitive.

IRID & ICOGF were intending on competing with cellular (when they are conceived at least), but GSTRF has made it clear, time after time after time, that they never had any intention of competing for the 300 Million cellular subscribers. So as far as we are concerned, 100% of the cellular providers could merge, and it would not effect our business plan one bit.

In a few months, we should have some idea of the GSTRF market, and longs will prosper then. Currently, the masses are against us, they don't understand. I like being in the minority again (I was w/ QCOM) - that is the path to greater profits.

Good luck to all!