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

To: Michaelth1 who wrote (14642)	7/20/2000 11:05:14 AM
From: Investartist	Read Replies (1) \| Respond to of 29987

Michaelth1, I suggest you sell any long shares and go short based on your concerns. Me...I won't sell any time soon and wouldn't be caught dead being short now. The difference between you and me is that I am optimistic about GREAT technology and as George Gilder does I believe Globalstar will succeed big. Remember, there were pessimists like you in the beginning of the cell phone revolution and the PC. I don't think we hear from them now...do we? Are they your heros now? You have to decide it you believe that there is a need for total Global Communication or not. You obviously do not think so. However, let me point out that Bill Gates, McCaw and the company trying to buy Iridium do and they differ from you. Sure the start is slow but so were cell phones in the beginning. I bet you missed that one too. The information we have a hand does indicate a strong and increasing growth in MOU from April 30 till July 15. We also learned that the cash burn was reduced to $97million per quarter, about $100 million less per year. We also heard Bernard state that the partners will fund this company to break even. Also, we learned of developments of SCADA by Qualcomm and IFN as well as many other new potentials. Anthony Navarra said that SCADA would be very big. Qualcomm is developing Omnitrac systems that combine data with voice communiction. I predicted this in the last few months. DATA is BIG! I see potential! Investartist