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


To: djane who wrote (3064)2/22/1999 11:57:00 AM
From: Jeff Vayda  Read Replies (2) | Respond to of 29987
 
Selloff in I* continues with heavy volume. At some point this will be a screaming buy. The system is up and running (+/-) all that needs to be done is to sell the service. Limited life span and limited (relatively) capacity will determine the price per minute and handset costs. But the service will be around. How low will they have to go to turn a profit? How low will they force G* to go?

Gonna be an interesting couple of quarters.

Jeff Vayda