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

To: djane who wrote (1499)	7/23/1998 1:08:00 AM
From: Beefeater	Read Replies (1) \| Respond to of 29987

To all: as Readware has commented, GSTRF (like LOR) is an "event-driven" stock. Events such as succesful launches, acquisitions, etc., will boost the price. No events, no price hikes. So the short term momentum players desert, letting it fall by gravity. Plus the dread of 12 birds on one candle... A colleague of mine asked if I had heard anything about Hyundai resigning its role in G*, either as equity partner or service provider or both. Anyone hear anything, or can find out? Beefeater