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


To: kranmantazzz who wrote (23004)4/12/2001 9:08:23 PM
From: JGoren  Respond to of 29986
 
I now have my first 100 to 1; oops, that's 1:100. The best thing I can say about G* demise is that finally the number of posts on this thread have withered. Those who got out early are gleeful. Those of us who stayed have mentally written G* off. Let's find the next good investment and hope it's a 100:1 to make up for this turkey.

Happy Passover and Happy Easter.



To: kranmantazzz who wrote (23004)4/12/2001 9:59:01 PM
From: Tahoetech  Read Replies (1) | Respond to of 29986
 
>>>So who is still left? I still have all of mine with no intention to sell<<<

moi aussi! not that I wouldn't sell, it's just worth more as a tax right off at the moment...



To: kranmantazzz who wrote (23004)4/12/2001 11:29:42 PM
From: DWB  Respond to of 29986
 
Still have all mine... am in till the bitter end or the jubilant resurrection... Hey, what great timing... what if the reorg. comes about in timely proximity to Easter? What better time for a company to "rise from the dead"?

DWB



To: kranmantazzz who wrote (23004)4/13/2001 12:06:34 AM
From: FreekBro  Respond to of 29986
 
I'm still holding...EOM



To: kranmantazzz who wrote (23004)4/13/2001 7:14:32 AM
From: rhkohnen  Read Replies (1) | Respond to of 29986
 
FWIW, Still have mine. I have been watching LTV Steel who declared bankruptcy un Dec 2000. Their share price was about $.20 just before they declared. It went down as low as $0.031 and is currently at $125. Here it is 5 months later and they are still putting their reorg plan together. This is the second time that LTV has declared BK. The first time, the stock rose to $8. The point these things take time. The price does not go to zero and there is recovery after the reorganization. Chrysler did the same thing and appreciated about 100 times from their low. Now LTV is a different business than GX, and I expect that once they get MOUs up, the value is going to be far greater than it currently is. FWIW

Best regards
Bob



To: kranmantazzz who wrote (23004)4/13/2001 7:22:16 AM
From: Souze  Respond to of 29986
 
I have half my original G* shares. eom