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

To: waverider who wrote (15800)	8/16/2000 11:51:25 AM
From: Gypsy King	Read Replies (1) \| Respond to of 29987

Anyone know how to buy Globalstar bonds through Schwab?

To: waverider who wrote (15800)	8/16/2000 5:53:55 PM
From: Maurice Winn	Respond to of 29987

Yes, interesting that shorts sold their stock to Gregg Powers and Private Capital Management. Who would you bet was right? Dweeb, MamaBear, Anthony@jail.com, Ptero, [I exclude Geoff Goodfellow because he is a closet long in short drag and I exclude Valueman because he is waiting like a cat ready to pounce as soon as the muck and BS surrounding the company is cleared away by actuality rather than flim-flam and wishful thinking = that's my theory anyway, since VMan hasn't told me that], all the 'this is a no-brainer short because Iridium proved there is no market for satellite phones' brigade or Gregg Powers who uses applied information and thinking to decide whether the company is a good bet. Okay, so maybe it's a risk investment for PCM with some percentage GooseEgg possible with a write-off acceptable in exchange for the prospect of a $1000 share price in a few years. Other shorts are the 'this company is running out of money in October' brigade [which it isn't and that has been removed as a concern - maybe end of March 2001 there might be some dilution, but we'll see]. There is also the pile-on brigade who think 'the bond-holders must know what's up so I'm shorting this sucker' who devolve their thinking to others. If people are going to devolve thinking, they better do it to the right people and GP has shown himself as not a bad proxy for thinking. Mqurice