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

To: dougjn who wrote (2024)	9/12/1998 5:41:00 PM
From: Bernard Levy	Read Replies (2) \| Respond to of 29987

Doug: I agree with your assessment of GSTRF going to single digits (possibly not even high single digits). I dumped the GSTRF shares I had bought last week, but kept my LOR holdings, since I think LOR will be more resilient. Right now, there is way too much uncertainty on GSTRF regarding potential dilution and success of upcoming launches. The fact that there is no room left for error in a business where errors occur regularly clearly suggests GSTRF will be repriced drastically lower for the foreseeable future. May be Maurice Winn will not look like a genius for getting into GSTRF at $3, if we can get back in GSTRF in December for only a few bucks more (MW rant guaranteed). Best regards, Bernard Levy