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

To: OpenSea who wrote (11415)	3/31/2000 8:19:00 AM
From: METMAN	Respond to of 29986

Jim ..... "Fear" - Fear of failure (read up on the previous posts) metman

To: OpenSea who wrote (11415)	3/31/2000 2:40:00 PM
From: Maurice Winn	Respond to of 29986

<Can someone give me a concise explanation as to why the price of G is so depressed?* > Sorry Jim, I can't help with concise, but here are some options: More sellers than buyers [Jon Koplik] FUD DCF calculations based on slow sales so far, projected into the future, showing this is the right price Ignorance I haven't got more money to keep buying Iridium and ICO made ignorant people panic Margin calls 'Technical traders' who believe that yesterday's price determines todays [watch them get a fright went their shorts get ripped off them and they are standing naked] Delays in start of service [it was supposed to start last year] Impatience [7 minute investors like Valueman - that's a joke = he waited 4 years and got sick of the BS] Stuff like that. I can tell you that you are looking at a graph [assuming you are] which is going to look a lot like Qualcomm's. The share price has gradually increased, but with fairly large swings, from $3 in 1995 [my average until last week when I went big at $15 1/8], to a peak of $53 and now back to mid and low teens. Some time between now and 2002, you are going to see a vertical graph [going up not down] and you will either go shopping for a Gulfstream [in which your Globalstar phone will work] or kick yourself for missing the next QUALCOMM. Well, I think that's concise! Maurice