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

To: Maurice Winn who wrote (253)	1/12/1998 8:59:00 PM
From: Cosmo Daisey	Read Replies (4) \| Respond to of 29986

Maurice, Just trying to get some understanding of this investment and embracing the idea of putting hard earned money in a concept company, actually a holding company that owns part of a concept company. It seems that Fido has a pretty big chunk and that gives me cause for caution because in a down market they jump ship in a hurry leaving the long term value investors holding smoke. The investment rec by Lehman didn't stop the slide and it seems more a propping up than anything else. Some of the Lehman recs aren't very good short term. I am watching closely but I am preparing to hit the exit along with a lot of other investors if the chart is telling me what I think it is. I hate to say it but it looks like $30 is closer than $50. Cosmo