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

To: DAPerez who wrote (2677)	1/26/1999 2:59:00 PM
From: mmeggs	Respond to of 29987

No LEAPs on GSTRF, just LOR. (eom)

To: DAPerez who wrote (2677)	1/26/1999 3:25:00 PM
From: Pierre	Respond to of 29987

No LEAPS. September calls available. Pierre

To: DAPerez who wrote (2677)	1/28/1999 11:28:00 AM
From: djane	Respond to of 29987

good post on LOR yahoo thread on LOR/GSTRF options/LEAPs messages.yahoo.com@m2.yahoo.com Top:Business and Finance:Stocks:Services:Communications Services:LOR (Loral Space/Communication) Help - Add to My Yahoo! - Sign Out A prediction... by: peerless3 11265 of 11273 Although I may not yet have the respect necessary to make a prediction without being e-beaten by the likes of naysayers and other violent netizens; however, I'm going to do just that: If you inspect the 3 yr. weekly and 1 yr. daily charts of GSTRF, with 30/60/90 (wk) sma, and 75/150/225 (dy) sma respectively, you will see where G* sits. Above a slightly downward sloping 75 day. Thus it may come down another point... barring a major market correction, which would draw it down to test 15, or maybe even 10. However, if you draw the two major trend lines, you can see what very well could happen. If the launch is a success, it may be enough of a catalyst to boost G* back over the upper trend line, thereby creating a breakout situation. If you plot the point for Feb. 9th, or thereabout, you can see exactly where that is going to be. Track the volume for relative strength. See the open interest on call options on the CBOE in order to see specialist buying. Notice the heavy activity in feb. and mar. See the broker's pick for JUN 22.5 calls. I personally like the SEP 25 calls. To that, are there any naysayers? ok, as for old LOR: LEAPS baby. Go for the value and for the time. See the great value in ZLOAF and ZLOAG. Granted those 30 and 35 strikes are a ways away, but then again, so is the expiration date... in 2001. If you're waiting for a near term correction, then just wait until march, when the CBOE might release the new 2002 LEAPS. I heard it might come in march, but it might actually come later. In that event, one might be best served by buying ZLOAG, and then rolling up. However, if a correction is going to happen, then ZLOAG could see an ask as low as $2. At $200-$300 a contract, that's a steal for the long term prospects. Even the naysayers don't think Loral and Globalstar are failures to be... they just think the timing is bad for those who are currently long. However, one cannot mock the loyal, especially if they have the capital to buy on dips, and increase their positions. For the safe, buy the perferred covertable, with a true convertable value of $23.25... at the same time, short the stock. pick up points guaranteed on the upside no matter what if it rises, and pick up ponts guaranteed if it drops. Not a bad spread to play, if you want to play it safe. I say have faith, have confidence, and barring a major market breakdown, or a minor correction, it looks like the ride up may once again begin. GO LOR! (and GSTRF too!) Posted: Jan 28 1999 2:41AM EST as a reply to: Msg 1 by YahooFinance Terms and Conditions Yahoo! is a trademark of Yahoo! Inc. Copyright © 1994-99 Yahoo! All Rights Reserved.