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

To: limtex who wrote (2578)	1/19/1999 1:35:00 PM
From: marginmike	Read Replies (2) \| Respond to of 29987

Why is stock getting clobered?

To: limtex who wrote (2578)	1/19/1999 2:10:00 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 29987

Limtex, Message 7361358 Your post is a good summary and explains it all. "All flights have been cancelled until they actually happen" is the launch schedule. Handset development counts too you know. And gateway deployment. No use having all the satellites up if there are no gateways or handsets ready. There is much parallel development needed. "The only thing that counts now is flights" isn't strictly correct. Maurice PS: JP, I'd crack a joke in appreciation, but the stock price precludes that.