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

To: Doc Savage who wrote (8918)	12/28/1999 11:50:00 AM
From: Jim Parkinson	Respond to of 29987

I guess CNBC likes to give equal time to the bulls. They just had Robert Morris on of Lord Abbot who solidly endorsed both G* and Lor. Says it is the right technology at the right time and that folks will want to be able to connect with a clear signal (I guess he heard of Iridium) from anywhere. He gave Lor a price target of 38 for 2000. Then he said he liked Lor because it owned 41% (I think it is 45%) of G* and didn't say one thing about Cyberstar or any of Loral's other broadband or sat manufacturing businesses. I love experts!