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

To: Rocket Scientist who wrote (8101)	10/28/1999 5:02:00 PM
From: mthomas	Respond to of 29987

It is hard to believe, but I watch this stock go from 30 to 20 and I do not feel the least offended, nor concerned; I know the fundamentals are strong and unchanged, and financing is available, and the management is bucking the world-wide limited capacity for handset production. I expected the price to start dropping, and I feel that just like with GBLX, once the bottom is tested for a while, investors will see the bottom is reached, and will start getting onboard for the rise. There is no competition. The market is hugely under-estimated. The technology is superior. The only thing lacking is high data transfer rates, but this is the generation-one of an entirely new industry, bringing telephony to the globe. This is a huge step forward, and additional capacities for data will just have to wait until the bridge is crossed with a user base that first off only needs to talk. I am just going to watch this one from a distance until it is time to start adding to my holdings in GSTRF. Martin