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


To: Souze who wrote (15163)7/31/2000 9:58:39 PM
From: JGoren  Respond to of 29987
 
the discussion was G* to a T, but nary a mention of G*. Was the reason for the press conference to press VOD-Bernie Schwartz to get off the dime and make a deal and stop squabbling as to who does what?

Guys, we need to raise Hell. There is no good reason that G* wasn't announced as part of the package or that Ford hasn't been wooed as a partner to put cash into G*. We need to tell Bernie Schwartz, in no uncertain terms, that he can no longer keep all the power and that he and VOD need to get off their duffs and sell the G* service or the company is toast. They just squandered the one thing that would show G* has a long-term life. There is a serious question, imho, whether Schwartz is breaching his fiduciary duty to shareholders; at the last CC he had the gall to say he wasn't negotiating for a car deal. How stupid!