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

To: Joe Brown who wrote (2877)2/8/1999 11:58:00 PM
From: Pierre  Read Replies (2) | Respond to of 29987
 
Jack, I would agree with your analysis re launch/stock price relationship if GSTRF had Iridium's happy history of launch success. However I think at this point a successful launch is still in the surprise category and should provide a nice bounce ... er pop ... er elevation.

Pierre



To: Joe Brown who wrote (2877)2/10/1999 11:02:00 AM
From: Pierre  Read Replies (1) | Respond to of 29987
 
Nice call, Jack.

Jack Morgan 2/8:
A successful launch and deployment triggers a rally tomorrow morning in the stock (which will be short covering), followed by the realization that several more successful Soyuz missions must take place before the first Delta II mission. Result? Profit-taking shortly after the rally...if not the same day, then the next day

Pierre


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