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


To: Jim Parkinson who wrote (183)12/18/1997 1:37:00 PM
From: Larry L  Read Replies (1) | Respond to of 29986
 
The only reason that I* is having more trouble in this market than G*
is because your basic investor does not research what they are buying.
These people see $3 per minute and panic because they would never pay
that much for a call and certainly no one else would either. As I argued for some time, there are plenty of well to do travellers to whom $3 per minute means nothing compared to the value of their time.
Readware has confirmed this on Geoff's recent posting of his comments on the Loral thread.