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


To: Alan Norton who wrote (14635)7/20/2000 8:54:02 AM
From: Investartist  Read Replies (2) | Respond to of 29987
 
Rambus and Globalstar

This is soooo similar to Rambus. Last year Rambus was heavily shorted and had very negative analyst sentiments. They had a delay in launching a chip in March that was moved to June 1999. This was delayed at the last minute until September when the Camino chip was destined to launch. At the September Intel Developers Forum Rambus was heavily touted by Intel. The stock had been up and down all year like a YoYo. A day or two after the September meeting it was announced that the Camino chip was delayed INDEFINITELY due to an unexpected problem of errors due to heat generation. Investors (LONGS) were in total shock and mad as hell. The stock plummeted to the 50s from a high of $117. People sold out right and left and abandoned Rambus. Low and behold in early 2000 it suddenly rocketed up from the $60s to $170 due to an announcement of solution by Intel and a great short squeeze. Then it went to the high $400s and split 4:1 in June 2000. It was the biggest short squeeze in 2000.

Globalstar will do the same. What we have, like Rambus is delayed beginning but it will cross the CHASM and rocket just like Rambus did. All those who lost faith due to a slow start and all the so called "smart money" will have lost out on the big run-up and will pile back in too late.

It takes vision to see the future of a venture. Bill Gates Craig McCaw had it and see the great potential of satellite telephony and data as does George Gilder. They don't base their decisions on what the analysts think.....do they? Hence their enormous success. How many analysts have become billionaires or megamillionaires? Think about it. Analysts are basically followers of history not visionaries.

Globalstar's growth shows acceleration in weekly MOU from April to July from 30,000 to 118,000. At this rate Globalstar will be at 10 Billion MOU's per year by Q1 2002. This is what I see and so should you. The growth is accelerating not decelerating. I see new applications as I have predicted with SCADA just beginning. I see the absolute necessity that the Military use Globalstar. Nothing can match their voice quality and path diversity signal connectivity and have great data potential too. Developing countries like China and Mexico need Globalstar to meet their telephone communication mandated by their governments as we learned in the CC.

The future is very bright.

The prize will go to those with vision.

Happy Investing

Investartist
LONG Globalstar