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


To: Boplicity who wrote (9239)1/6/2000 5:15:00 AM
From: Maurice Winn  Read Replies (2) | Respond to of 29987
 
Greg, a graph of minutes used and handsets connected would be a much more robust and meaningful data supply than how many auctions Ebay handles.

Internut stocks are a different world with valuations which will only be justified in a rear view mirror.

Globalstar handset connections and minutes used are bread and butter, cash flow items totally related to the bottom line.

They are about the only meaningful information we need to value Globalstar. Investors should have immediate access to the latest data. There is no place for secrecy on such a matter. Competitors can't damage Globalstar with the knowledge. Without the knowledge, investors will discount Globalstar because ignorance is risk and risk means a discount. If management want the stock fully-valued, they need to supply information when available. If they don't want the stock fully-valued, then I might be interested in the reasons for that. Selling my shares would be a reasonable approach.

Insiders can benefit from other investors not having the information. Those in the know could buy or sell based on minute trends before the information is public. I believe the SEC would take a dim view of that.

There is no good reason for the information not to appear on a graph. Ebay as an example is not a good reason.

So, let's go Globalstar! What have you got to hide? You should be proud of your achievement, not hiding your light under a bushell.

Maurice