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


To: TMann who wrote (11556)4/6/2000 9:13:00 PM
From: Jon Koplik  Read Replies (1) | Respond to of 29987
 
Re : when the minuscule subscriber numbers are released

Globalstar management should try to master the Yahoo management technique of saying things like "this quarter is quadruple last year's quarter" (and keep steering Yahoo analysts away from the fact that either year's numbers suck (in relation to the value of the company)).

Jon.



To: TMann who wrote (11556)4/7/2000 2:14:00 AM
From: Maurice Winn  Respond to of 29987
 
The current share price of Globalstar is NOT a discount to the original price the service providers paid. The most they paid was $2.50 [with split adjustment]. Some paid more like $2 in the early 1990s. If they buy now, they will quintuple their average purchase price.

The lowest Globalstar Telecommunications [split-adjusted] price ever was $3 in 1995 after an IPO at $5. There were also new shares sold [via a rights issue] plus some others this year, etc.

Maurice

PS: Much for fun to tell Valueman what he thinks than to have him tell us himself!