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Technology Stocks : Globalstar Memorial Day Massacre -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (363)	7/17/2000 3:29:55 AM
From: RobertSheldon	Read Replies (1) \| Respond to of 543

"So, will investors understand that it means GlobalstarUSA and Vodafone aren't totally dead from the neck up and GSTRF is worth buying now that they are getting marketing a bit better [still not good by a long way]? Or will investors panic and dump the stock?" My gut feeling is that investors that went through the early stages of terrestrial wireless rollout will have a flashback to similar announcements/pronouncements in the early 90's. Then it was "shaky" analog cell phone providers with sky high rates . . . look at their market caps (and business plans) now . . . Like I said, the refrain sure sounds familiar. It is only a matter of time before folks make the connection.

To: Maurice Winn who wrote (363)	7/17/2000 9:05:20 AM
From: Rocket Scientist	Respond to of 543

<<Analysts have said the move >> "the move" referred to in this Reuters hit piece is the "deliberate default" on the line of credit, not today's price cut. Though no doubt "analysts" will sooon be quoted as saying much the same thing about the new price plan. Meanwhile G*USAS hasn't seen fit to publish its own press release (in which its presumably not described as "struggling") on its website, so all we know is what Reuters sees fit to print.