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

To: Bong Lewis who wrote (1629)	8/6/1998 11:05:00 PM
From: Renby Cage	Respond to of 29987

For those of you who picked up shares at 20, congratulations. I would certainly hope you got it at the low. I picked up my load recently between 23 1/2 and 24 1/2. Was shocked to see it go below 20 [oh how juicy but shot my load a little too early]. Yet still never expected to see it this low again and happy to be able to pick up some more at low 20's. My G/Lor ratio is now 12/5 which is not how I want to play for the long run. My investment strategy is a L/G/Qualcomm triumverate play and ultimately want a 7/5/6 L/G/Q ratio, but for the moment have overloaded with G* and feel it is the most undervalued at the moment. If it goes a few points above loral which is the norm, I will trade some G* for Loral even up, giving me some profit to write down some margin. I've read a few posts that reveal a few others are using this strategy. Great day for the triumverate and thank goodness, just in time. Renby Cage