Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: leo_bloom who wrote (10106)	2/16/2000 3:08:00 PM
From: Rocket Scientist	Read Replies (1) \| Respond to of 29987

Cancom, the majority shareholder of Globalstar Canada, has a couple of pages devoted to G* in it's annual report: cancom.ca Perhaps the most interesting bit: "At the end of FY99, Globalstar Canada entered into an agreement with Globalstar USA, the founding service provider, to provide gateway monitoring for all of North America and the Caribbean, and is negotiating to offer that service in other countries. The Canadian company will also be providing web development for on-line North America-wide customer care services." NB, Cancom's fiscal year ended August 31.

To: leo_bloom who wrote (10106)	2/16/2000 4:58:00 PM
From: MileHigh	Respond to of 29987

You are right, something is up and the little guy is the last to know. But hey, each 1K share block is getting less expensive! <gg> MileHigh

To: leo_bloom who wrote (10106)	2/16/2000 10:59:00 PM
From: JGoren	Respond to of 29987

G* PR campaign to sell the stock pumped the stock more than fundamentals justified; we are now paying for it. Lower sub projections reinforce fear that there is simply insufficient market for satphone system no matter how good technologically. Investments in internet, high data sat biz looks better right now with market focus on broadband solutions. Bernie selling too much of the future in LOR and G* for capital without first getting some $ return that is visible. The latter reminds me too much of Monsanto fiasco and scares me more than anything.