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

To: djane who wrote (2613)	1/22/1999 12:49:00 PM
From: Jeff Vayda	Read Replies (1) \| Respond to of 29987

djane: With all due respect from a Southern Gentleman (very few of us left) I would suggest that waiting for the "next Wall St. panic" may prove to minimize your potential profits. Loral and G* have sustained huge hits over the past 6 months. They have had the dubious distinction of having almost NO good news over that time period. Yet they are both struggling mightily against the marshaled forces and are much closer to their respective highs than their lows. As recent posts on this thread have expressed, it is a wonder how the street can blind itself to the potential of Loral by assigning it a $6 billion market cap. As soon as some good news starts to filter in (and we certainly are due) the stocks should gain handily. Add in the ever present 'takeover' rumors and the stocks could pop any day. The short story is that sitting on the side lines could cause you to miss some heady action. Average in now if you are going to buy. WRT G* vs I: Only one way to prove the point that G and its business plan is superior, get the system started. As it stands there is only I* and as such it, by default, will get all the business. Jeff Vayda