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


To: Michaelth1 who wrote (17664)10/6/2000 12:18:13 PM
From: BobRealEstate  Read Replies (1) | Respond to of 29987
 
Sorry to see you go Mike, truly. I don't agree with you on much at all, but did like the discussion.

As a parting shot, I do think there are a lot of frustrated longs exiting at this point in time. I can't blame you, I am almost ready to do the same. The problem is what else to invest in? Everything is getting creamed. No cover anywhere.

BLS has to sell the tranches (or a certain amount of them) prior to getting the SP's money.



To: Michaelth1 who wrote (17664)10/6/2000 12:37:56 PM
From: peacelover  Read Replies (1) | Respond to of 29987
 
It would be a good idea to gamble and get few wbcaj jan 2002 50 calls at 1/2. I own 105 contracts. I sincerely do not believe this co will go bankrupt. If the pricing was aggressive, these phones will sell like hot cakes not in usa, but in other parts of the world where you would cry trying to make phone calls out of the these countries. Believe me I know as I am not originally from the USA. I myself will get one and use for as much as I pay for all the long distance calls I make to my homeland. Cut the costs of the phone and per minute usage price, reduce monthly fees, increase areas of coverage all over the world, and I can bet you they will be very competitive. Besides, the governement will need this co's system and they won't let it go bankrupt. How about usage in the military? I think the marketing guys of this co are .... in my opinion. peace!



To: Michaelth1 who wrote (17664)10/6/2000 12:57:56 PM
From: KyrosL  Read Replies (1) | Respond to of 29987
 
I have a large Loral position and also G* bonds, and, like you, a small GSTRF position for old times shake. I think this allows me to share in a possible G* success without too much risk.