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


To: Maurice Winn who wrote (20588)12/27/2000 10:28:11 PM
From: Blaine K  Read Replies (1) | Respond to of 29987
 
Maurice:

Gilder is one of the few people I read that can use more colorful analogies in a compact diatribe than you. I don't know if you read his stuff, but he is the whole reason I stay involved in this stock.

You and Gilder have both been right and in complete agreement regarding G*s prices. You explicitly state they are too expensive, while Gilder in general asserts that you must waste your cheap abundances in order to solve scarcities. He never has actually said "they should price the MOU CHEAP, but his principle implies that you should waste MOU [abundant, cheap, and rotting in space] in order to get subscribers [VERY scarce]. If MOU get scarce, then ramp up the price later.

I hope today's late buys imply some good news, which I haven't been able to confirm. I don't think we're dead yet, but I'll ride the horse as long as Gilder says it's alive. This is definitely the worst gutting I've ever taken on any stock, though.

Blaine K