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


To: Win-Lose-Draw who wrote (21157)1/16/2001 12:47:30 PM
From: Geoff Goodfellow  Read Replies (3) | Respond to of 29987
 
Why hasn't it sunk to near-zero?

fervent denial. it was there with Iridium (or rather is *still there*, if you read the Raging Bull IRIDQ board), and it has also been and still continues to be here with the dearly beloved. It is truly a wonder to behold! My hat's off to "djane" who i used to be for me the most useful poster on this board for waking up and smelling the napalm and bailing long ago -- we used to go back and forth on Inmarsat, sort of like RS and I do from time to time. What is most interesting to me is the most fervent of the denialers here are the ones who own the phones -- they were not able to seperate the viable business case with plain ol' everday boring demand and demographics type issues from the techno fetish wonderfullness appeal. Can anyone on this board top the amount that Gregg Powers will likely lose on their Globalstar investments? Mq, your tonka truck?? SKIP???



To: Win-Lose-Draw who wrote (21157)1/16/2001 12:59:30 PM
From: Amit Ghate  Read Replies (1) | Respond to of 29987
 
Well IRIDQ is BK, but its equity still trades above zero. I guess it shows that for the die hards, investment decisions are more controlled by hope than by an objective appraisal of the facts.

Regards,

Amit

PS IRIDQ, IMO, is still a good short at 1/2 or better.

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