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


To: Maurice Winn who wrote (13475)6/13/2000 6:38:00 PM
From: nzlsixty  Read Replies (1) | Respond to of 29987
 
Well Well this is really getting funny.

I have never seen so many negative posts in such a SHORT period of time.

Now here is the real inside info.

We are witnessing the largest manipulation of stock the market has ever seen, but nobody is actually seeing it, apart from the true BELIEVERS, like myself. Information is being withheld with shareholders interests being the major reason.

B.S. is saying to us, " for Godsake buy up large now while you can my beloved followers, how much longer do I have to hold of this ejaculating, sensational news about our rampant success"

Please note this is not inside information, as there is none.

THE STEAMROLLER ROLLS ON.

John.



To: Maurice Winn who wrote (13475)6/13/2000 6:43:00 PM
From: jfs  Read Replies (2) | Respond to of 29987
 
Maurice,
Not to argue your general point about openness, but < Elsacom seems to cover the great bulk of Europe > sent me off to
xist.org to look up some population statistics.

A quick addition of the Elsacom countries gives about 280 million people, out of 800 million total for "Europe and the new independent States". FWIW.

Regards,
john



To: Maurice Winn who wrote (13475)6/13/2000 7:49:00 PM
From: Ilaine  Respond to of 29987
 
Iridium STILL isn't dead!

biz.yahoo.com

Iridium argues for court to approve Castle Harlan bid
By Mark Weinraub

NEW YORK, June 7 (Reuters) - Lawyers for bankrupt Iridium LLC (Nasdaq:IRIQ - news) on Wednesday argued for a bankruptcy court to accept merchant bank Castle Harlan's bid to save the company from crashing billions of dollars' worth of satellites, saying their $50 million offer was the best available option.

``They came in at a time when no other bids were on the table,'' Iridium attorney William Perlstein said at a hearing in U.S. Bankruptcy Court for the Southern District of New York. ``The bid is a fraction of what the system costs but substantially higher than the individual asset bids.''

Under the proposed plan, which was announced earlier this month, Castle Harlan said it would pay $50 million for the satellite telephone company, plus a 5 percent equity interest in the new company to Iridium's creditors.

Castle Harlan, which manages a $630 million private equity fund, is currently providing $200,000 a month to fund Iridium's operations and would provide $900,000 a month from the time its bid is approved until the deal closes, Perlstein said.

Perlstein said Iridium would present Castle Harlan's final bid, which would include a $2 million breakup fee, to the court on July 21. Other bidders would have until July 28 to match or beat Castle Harlan's offer, Perlstein said.

More at link.



To: Maurice Winn who wrote (13475)6/13/2000 7:52:00 PM
From: TMann  Read Replies (1) | Respond to of 29987
 
G* is not releasing numbers because they are bad, as evidence of Elsacom release. Maurice your math is exact, 2000 is a small percent, which means there is at most 20k subscribers. This is why Bernie is sitting on the #s. He knows what will happen to the stock if it is announced today, so he's holding out till they improve (end of 2nd Qtr.) He won't release them in Aug. either, just the MOUs which will confirm the lack of subs. All this is my opinion which disputes Investarts rumor (I hope his info is correct, not my hunch). But if we do have 60K subs. why wouldn't G* say something? Isn't it in their interest to turn perception and stock price? Certainly, therefore no news confirms bad news. What infuriates me is there seems to be no initiatives to increase sales by offering a $500 sat only phone, or more incentives, or something. Instead we have no response, no action, nothing. I can't understand it. No wonder folks are turning to wheaties instead of Globaldog.



To: Maurice Winn who wrote (13475)6/14/2000 1:32:00 AM
From: arun gera  Read Replies (2) | Respond to of 29987
 
>>That means Globalstar knows the total but it is a state secret. >>

Maurice:

Some of the sales of Globalstar might well be State Secrets. I am talking about military sales. I am sure India and Pakistan could do with some Globalstar phones on the Indo-Pakistan border. And Bin Laden, the terrorist, has been shown speaking on his satellite phone in many news stories. Have you noticed how militants in all parts of the world manage to get world-class military equipment (thanks to arms smugglers)? Obviously, many will buy Globalstar phones under "phoney" names.

Arun



To: Maurice Winn who wrote (13475)6/14/2000 9:35:00 AM
From: MileHigh  Read Replies (1) | Respond to of 29987
 
M,

Your comment about the press not being overly harsh o G* is right on. If one steps back away from their long position(7K+ shares), and tries to look objectively at this situation, there is absolutely NO anecdotal evidence that G* is or will succeed.

Thus we broke to a new 52 week low yesterday, not a good technical sign....And you are right too, kind of amazing in todays information age that G* chooses to disclose NOTHING. We all know, if things were great, BS would be harping on that as he was the "7 minute Weaties" investors.

LOL!!

Best,

MileHigh