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


To: Pierre who wrote (20569)12/27/2000 12:28:11 PM
From: Timothy R. Tierney  Respond to of 29987
 
HOLD = SELL



To: Pierre who wrote (20569)12/27/2000 1:01:58 PM
From: Jim Parkinson  Read Replies (1) | Respond to of 29987
 
Yes Pierre, at 75 cents/share I am feeling quite glum these days. Like you Pierre, I still stay in touch with various distributors where I get some encouraging and some discouraging things. The most frustrating thing is that it seems that the partners are trying to commit financial suicide. Maurice has been right all along yet the damn price is still 1.69/min. I have provided gusa with seed contacts that they have failed to follow up on or botched. If I thought it would help, I would send Dennis McSweeney the book "The Anatomy of Buzz" which talks about the value of and how to get word of mouth advertising for a new product. It talks about the need to seed the market by getting the product in the hands of influential potential users and keeping the initial price cheap. GUSA has done just the opposite.



To: Pierre who wrote (20569)12/27/2000 2:51:39 PM
From: rhkohnen  Read Replies (1) | Respond to of 29987
 
Pierre, Gilder is also optimistic.

From Gilder's 12/26/00 Telecosm post

We are still high on Globalstar and we have five months for upside surprises before the bankruptcy lawyers converge. Among us, we on the Forum could buy GlobalStar, soar collectively into a blissful tropospheric orbit, and declare Peace on Earth, Good Will Toward Men in immaculate CDMA acoustics to people anywhere on the face of the earth (or in certain specially equipped Boeing aircraft).

Best Regards
Bob

PS: Bought some more today. Just averaging in just in case. Not much downside now.<GG>