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

To: Jeff Vayda who wrote (3008)	2/19/1999 4:23:00 PM
From: Rocket Scientist	Respond to of 29987

My guess on the weakness in GSTRF price despite good launch execution is the novel concept of supply/demand; Since late last year the market absorbed 1. GSTRF' 350M$ worth of CPEOs 2. Dacom's 718K shares (converted from restricted LP interests) plus a lot of other sat business financing last month. So we have a lot of new (or newly liquid, in the case of Dacom) supply of equity/debt, and not enough interested buyers (at last month's prices) resulting in a price drop.

To: Jeff Vayda who wrote (3008)	2/19/1999 9:17:00 PM
From: METMAN	Read Replies (1) \| Respond to of 29987

Jeff: Was watching Moneyline tonight...Lou Dobbs talked briefly about IRIDF...and I am nearly sure (but I was tired) he cited the reason as they may "default on one of their bank-loans"....reason for stock drop today. Anyone else hear this to confirm the statement....No one on the IRIDF thread seems to know about this. This would be big, yes? I'll keep looking to try to dig up more on this statement. I'll try CNNFN...... -metman