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

To: Rocket Scientist who wrote (9995)	2/8/2000 5:42:00 PM
From: David Wiggins	Respond to of 29987

RS, re: <<GSTRF, over it's life, has been pretty good to shareholders>> It ain't over yet! It's been pretty good to me too - so far - but I bet a lot of Iridium shareholders were saying that at one time. Look, the point regarding the secondary is small in the grand scheme of things, but I still say the way they handled it was poor and will lead to a much more difficult time obtaining financing in the future. Sure they can't control short-term share prices, but they did NOTHING to support the price they CAN try. They misled regarding subscriber numbers now and year-end. One more thing, why did they even do it now? That bothers me as much as anything. If they really don't need it now, why not wait a few months for the share price to go way up, then do it then. I'll tell you why not - because either they need it now (lie) or they know the share price won't go up because of what they know about demand and other issues (concealment and dishonesty). BTW, I'm very happy about the launch :-)) Your pal who is not afraid to be disagreeable, Dave