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

To: verdad who wrote (25830)	1/29/2005 2:49:56 PM
From: RinConRon	Read Replies (2) \| Respond to of 29987

>>Opinions are always welcome here. Unfortunately, some of them make little sense. Again, if we had invested based upon your opinions, we would have all lost a lot of dough. << Verdad, I'm not trying to bait you, I'm trying to figure you. You seem more vendetta than verdad. Like many, I lost money on G* although not as much as others. I bought in the 8's and bailed in the 6's. The concept still captures my imagination. But you seem to have a visceral inclination toward anything or anyone even tangentially related to the subject. If you lost a ton, based on Bernie's tenure, that is entirely understandable. He has been a destroyer of other people's money, while maintaining his ego. But other than a failed investment, what is driving you? Why not look for the next hit, and put G* and Bernie behind you? I sleep better by counting sheep than by counting Bernies.

To: verdad who wrote (25830)	1/29/2005 7:05:47 PM
From: Maurice Winn	Respond to of 29987

<How could a former MIT professor be stupid? > A former MIT professor who hasn't succumbed to Alzheimers or other mental deterioration probably has a highish IQ, so couldn't be considered stupid. But smart and extremely smart people still do dumb things. They might not seem dumb at the time, but shortly after they might, even to the person who made the decision. Even with very smart people, their knowledge is infinitely smaller than their ignorance. If 100000000000000000000000000000000000000000000000 is the set of all there is to know, then a prof, even of MIT standing, will know 10 and the median person 5, or maybe 2 or even 1. While the MIT prof is maybe 5 x as good as the normal bloke, their position relative to omniscience and supernatural greatness is akin to the understanding of a pipi living in the sand under the water at a beach of life in New York = no idea. Even for prosaic things such as a pricing plan, the MIT prof is not going to get it right because pricing dynamics change instantaneously for every person, every second of every day. Globalstar thought they could do Kremlinite central planning. They failed. Mqurice