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

To: Bernard Levy who wrote (2043)	9/13/1998 11:08:00 PM
From: Valueman	Read Replies (1) \| Respond to of 29987

Bernard: One mathematical mistake in your post: <<Even at current prices, G* has twice the market capitalization of I>> G 234million fully diluted shares X 10=$2.34 billion Iridium 194 million fully diluted shares X 35=$6.79 billion

To: Bernard Levy who wrote (2043)	9/14/1998 12:11:00 AM
From: limtex	Respond to of 29987

Bernard - Strong words for you. Still it might not be all that bad. There was quite big volume on Friday and still only down 50c. Also the sats were insured and the launch they have to give us another one for free. The question will be how quickly they managment can reorder launches and sat deliveries. The whole thing could be turned around to our benefit if a credible new launch and commisioning schedule were to be announced by managment. they have the resources to do this and they could make quite a hit for their skills if they could do this. Regards, L