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

To: Agenda who wrote (17086)	9/20/2000 7:02:35 PM
From: KyrosL	Respond to of 29987

If by "investor" you mean somebody that buys at any price an excellent company and holds for ever, I am not an investor. I only buy stocks at "bargain" levels. I would never have considered buying GSTRF in the fifties, forties, or even twenties. At around six or seven, pretty close to its book value, it was a genuine bargain. That's where I bought. In the twenties, absent very clear indications of exploding MOUs and subscribers, I will sell. There is a good chance it will hit the twenties in the next few months, primarily because of the large short position and the (probably) good news ahead. It will be a three to four bagger for me in less than a year. I am satisfied with that. I am pretty sure that that's when GSTRF will choose to sell shares to the public. Kyros