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


To: rf_hombre who wrote (14390)7/15/2000 8:52:08 AM
From: Ed Hodder  Read Replies (2) | Respond to of 29987
 
dietrich_67-guest says: Did you find out any more about a short squeeze in GSTRF?

James_Cramer: Yes. I think it was totally because one of its rivals got Gates' money, and that rival could now buy Global Star. We bought some ourselves after studying the situation.


thestreet.com

Is this supposed to be the $350 million from the other day? That won't cut it. And the other thing is, buy what part of Globalstar? The public shares? The holding corp? Loral's portion (yeah, right)? Sounds more like positioning to become the next partner we've heard about if anything. Could someone explain this?

BTW, there are now 84 WAG's on the MOU pool. A lot of people are having fun with this, which is what it's for. theartboard.com

Who will get the bragging rights for 3 months?

Also, I've been wondering about the plans with packaged minutes. If someone buys a plan with 100 bundled MOU's, do those MOU's get counted on the books whether or not they're actually used? Seems like they should.

Ed



To: rf_hombre who wrote (14390)7/15/2000 10:39:01 AM
From: Valueman  Read Replies (5) | Respond to of 29987
 
We've seen and heard about every possible merger partner, takeover candidate, etc. in the last 4 years. New partners rumored every few weeks. Not once has it come true. Not once. This time is different? Maybe. Maybe not.

What does ICO need G* for anyway? An early entry? They have spectrum, satellites, global coverage, voice/data--the only difference is that G* is up. Is G* a data system? Has anyone figured out the data capacity of a G* satellite? Why was Skybridge proposed if G* is a data system? How many additional gateways will be needed for data? Who will pay? All unanswered questions.

I don't think there is much behind this rally other than the securing of additional financing. The shorts see the death of G* now delayed until late 2001, and they aren't that patient. Absolutely nothing has surfaced about MOU, or large purchase orders that would suggest the business plan is really working.