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

To: pcstel who wrote (17387)	9/26/2000 8:45:09 AM
From: rhkohnen	Respond to of 29987

G's price decline is not much different then QCOM's. At the beginning of the year QCOM was $200/sh and dropped to $51/share. G went from a high of 50 to a low 6. If you look at the internet stocks you'll see they have been destroyed. I mention internet stocks because they are the major driving force behind this new ecconmy or bandwidth explosion and telecoms seem to move with them. If you filter out overall market performance you see G* is pretty much in the same boat. Not good/not bad. I/we don't know enough behind the scenes to judge BLS, yet.<GG>