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

To: Jeff Penrod who wrote (1395)6/24/1998 1:57:00 AM
From: Valueman  Read Replies (2) | Respond to of 29987
 
Zenit launch cancelled at 9:26 MSC due to rocket malfunction with no further details given at that time.



To: Jeff Penrod who wrote (1395)6/24/1998 5:23:00 PM
From: dougjn  Read Replies (1) | Respond to of 29987
 
<<Having said that, it seems like the stock will go down if the Zenit launch fails. On the other hand, it probably will not go up too much if it is successful.>>

I would have agreed with this a while ago. Now, however, I think Gstrf has already gone down, part way at least, on Zenit worries.

So I imagine there are ups, as well as downs, riding on the Zenit outcome.

Doug


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