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

To: Renby Cage who wrote (1559)	7/30/1998 4:34:00 AM
From: Maurice Winn	Read Replies (1) \| Respond to of 29987

Renby, your eggs comment and general market malaise and boredom with Globalstar and questions over the likely capacity they get and customer response to p-----g are factors which make me think a flat period of share price lies ahead. And made me think it would drop from the $72 [$36 post-split] high. There are plenty of competitors lining up too. I've still got all my stock and am sure it will do super well, but it's just that Qualcomm seems so much more likely to zoom in the next half year. I suppose if somebody had cash I'd say Globalstar is better than that, but Qualcomm better still [for 6 months maybe]. Throwing eggs around the sky seems likely to see a few broken. Plus, it's fun to hassle the Globalstar people since they seem unlikely to be precise with minute pricing. Peripheral P-----g is the way to go. But they don't even know what it means. The long run marginal cost of another minute of LEO cellular is really cheap, so that is where p-----g will head. If the first constellation doesn't fill fast and rake in the money and market share, then :-[ Mqurice [All soothsaying and guesswork, but it's fun to make a few predictions from time to time]