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

To: y2kate who wrote (17039)	9/20/2000 10:15:01 AM
From: Jeff Vayda	Respond to of 29987

Being a Rah Rah type, I prefer to look at the last week's price swings as a fun precursor to future rides. G* has a huge short position. BS has locked in a number of shares to cushion themselves for the eventual liftoff. (Good move, I'm sure their short clients will thank them later - that is if BS does the stand up thing and doesnt rake them over the coals too long, yeah right.) Meanwhile the shorts have lived through yet another mini-run. (the quick one to 14) This makes them all bolder and all the more likely to hold on just a bit longer then next time. Ha! This could really get interesting around Thanksgiving! Jeff Vayda

To: y2kate who wrote (17039)	9/20/2000 10:22:25 AM
From: dwight martin	Read Replies (2) \| Respond to of 29987

Down another point today. Obviously, the market not clapping with both hands on this one. But what does this have to do with the long-tern prospects for the stock? Anyone (any long, that is) who doesn't believe that G* will survive until enough of its minutes are sold, should sell, whether they get stopped or not. Anyone who thinks G* will avoid bankruptcy and reach full utilization of their system should hang in and buy on dips. I believe that this unique system will be kept afloat until its own engines catch, at which point there is some real money to be made. Until I see something that makes me think otherwise, I will buy on dips when (and if) I have the cash to do so.