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

To: tensforme who wrote (12198)	5/6/2000 2:23:00 AM
From: Sword	Read Replies (3) \| Respond to of 29986

Carefully examine your thinking... "Globalstar WILL NOT FAIL...." Oh really? Why? You respond, because "qualcomm and other parties simply will not allow it." Why would they not allow it? Qualcomm's business model is absolutely not dependent in any way on Globalstar. Furthermore, even if qualcomm and other parties had an interest in Globalstar, they have no interest in GSTRF stock except to acquire it at an absolute rock bottom price. They can achieve this by buying the company from the bond holders. The equity holders will get virtually nothing. That is the way it works. Stock holders are stuck with worthless paper even if Globalstar avoids Iridium's deorbit fate. -Sword

To: tensforme who wrote (12198)	5/6/2000 6:34:00 AM
From: Maurice Winn	Read Replies (2) \| Respond to of 29986

Charlie, an acquisition is on the cards! The share price is already so low that Q! or Vodafone [or others] could nab control of Loral and Globalstar and have themselves a brand spanking new, high-quality ready-to-rumble satellite-based cellphone business with a non-stop technological upgrade path to 2010. It all depends on how chicken the existing shareholders become. If they don't have confidence themselves, I guarantee, via the usual double your money back offer, that Q! or Vodafone [or some other WWeb operator] will buy it. There could be quite a bidding war and with shorts covering flat out, it could be a LOT of fun. It's important to keep in mind though that Q! is not behind Globalstar in the sense of protecting existing shareholders. Q! is just behind it in the sense of buying it at the right price to promote other Q! interests and make profits from Globalstar too. Nobody is interested in rescuing existing shareholders. That's the nature of being a shareholder. We carry the risk and get the profits or are ditched as a has-been [or in this case, a never-was] at some low price [such as $9, but NOT zero; maybe $6 at worst]. I like fun, Maurice