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

To: Valueman who wrote (9406)	1/10/2000 9:04:00 AM
From: Jeff Vayda	Respond to of 29987

Vman: G* is just like me! We both raise money we dont need! On the brighter side of the story, I much prefer them to raise money in the environment of 'not needing it' than to be in the position of pleading for it - and everyone knowing they are pleading for it. (Iriduim) Besides what's another $210 million (7 million shares @ $30/share) between friends? (LOLSIDC - Laughing out loud so I dont Cry!) Jeff Vayda

To: Valueman who wrote (9406)	1/10/2000 9:27:00 AM
From: brian h	Read Replies (1) \| Respond to of 29987

Valueman, What is your take for all these confusion moments? Sit on the side line until you can buy it cheaper or you think G* will goes the same route like I. Or replace Mr. Schwartz will make you more comfortable to buy in since you have a problem with the management not being upfornt with its shareholder? I see that you are torn between trusting Dr. Jacobs and distrusting Mr. Schwartz. You see the great future of G on one hand; you also see that G* may not survive in the near term (if I read your implied message correctly). G* contract has been a great fortune for QCOM when it needed to show the profits earlier. However, it has been a nightmare for LOR and G. Costs were over-run on all fronts (Zenit problem, Q's contract cost over-run, operating cost due to delay, etc.). Dr. Jacobs is publicly endorsed his G involvement when G* needs it the most at the present time. Q's reputation is also on the line too. Thank you for sharing your thoughts Brian H.