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


To: Kranmantazz who wrote (19250)11/14/2000 4:36:53 PM
From: Michaelth1  Respond to of 29987
 
Kranmantazz:

M1 you are as bad as many of the writers we have been complaining about. You occasionally make good points but even then the impact is much less than it could be were you not so frequently making biased and/or false statements.

I honestly don't know what you're talking about. Are you stating that it is not possible for G* "the system" to stick around / flourish for a looooong time but, at the same time, G* "the stock" to make little or no money? If that's what you're saying, I think that you're wrong (in fact, that's what I've been opining for months will happen).

Also, I don't think that I'm biased; I don't have a long, short or any other position in the stock. As for false statements, I dare you to find one that I've made, other than inadvertant mistakes that I've 'fessed up to.



To: Kranmantazz who wrote (19250)11/14/2000 10:56:27 PM
From: John Stichnoth  Read Replies (1) | Respond to of 29987
 
Kran--Please explain--What's wrong with his statement? Clearly, if G* fails to get "traction" (Bernie's term), and cash flow stays negative through mid-next year, they will run out of money and be forced into bankruptcy. While an intervening event may occur, such as an infusion of cash from the SP's or QCOM, etc., a bankruptcy would put the common shareholders absolutely at risk.

The financial situation is separate from the constellation's ability to perform--which is does wonderfully.

---------
Your post:

"GG fails to recognize that the G* system can stick around indefinitely without any of the common shareholders
making a nickel."

M1 you are as bad as many of the writers we have been complaining about. You occasionally make good points but even then the impact is much less than it could be were you
not so frequently making biased and/or false statements.