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


To: Sawtooth who wrote (3298)3/7/1999 1:43:00 PM
From: djane  Respond to of 29987
 
Weekly Second Opinion - GSTRF 03/08/99 [TA says G* is a short candidate]

Symbol: GSTRF
Name: GLOBALSTAR TELECOM
Exchange: NMS
PRICE
ANALYSIS
Wk. Close
15.88
Wk. Open
16.00
Wk. High
17.38
Wk. Low
15.31
Wk. Change
0.32
YrHigh
37.13
YrLow
8.31
Mo Chg (%)
-18.6
Resistance
16.96
Support
15.52
BUY STOP
18.38
Volatility (%)
6
Position
28
ADXR
17

OPINION
C-Rate
-2.3
AVOID
02/22/99
17.69

VOLUME ANALYSIS
Ave Daily Vol
8675
Mo Chg (%)
-37.9
*
U/D 0.5 Slope
DOWN
Obv
BR
*
Pos Obv
BR
*
Neg Obv
BL
MFI 45 Slope
UP

TECHNICAL ANALYSIS
Alpha
-0.32
Beta
1.77
MACD-ST
BL
MACD-LT
BR
*
50-Day R.S.
0.84
10-Day M.A.
DOWN
100
21-Day M.A.
DOWN
94
50-Day M.A.
DOWN
85
200-Day M.A.
DOWN
80
STO(Slow %K)
50
STO(Fast %K)
28
Wilders-RSI
42
OBOS
-2
Bollinger Bands
28
RSV
17
POWER RATING
-44

SCORE = 0

COMMENT
Moving Average Convergence/Divergence (MACD) indicates a BEARISH TREND
Chart pattern indicates a WEAK DOWNWARD TREND
Relative Strength is BEARISH
Up/Down volume pattern indicates that the stock is under DISTRIBUTION
The 50 day MOVING AVERAGE is falling which is BEARISH
The 200 day MOVING AVERAGE is falling which is BEARISH
LOOK FOR SUPPORT AT 15.52
WATCH FOR RESISTANCE AT 16.96

RECOMMENDATION

STOCK IS A SHORT CANDIDATE
IF YOU ARE LONG; CLOSE POSITION OR MONITOR STOCK CLOSELY

MarketEdge & Second Opinion are neither offers to sell nor solictations of offers to buy any security.
See User Agreement for other disclaimers.



To: Sawtooth who wrote (3298)3/7/1999 2:07:00 PM
From: djane  Read Replies (4) | Respond to of 29987
 
Valueman thoughts on G* (via LOR thread)

--G*-Ick. Our darkest days revolve around G*, and our brightest days may also
revolve around G*. Management had no contingency plan--that was obvious. Did they
correct that mistake? Oh yes. It will cost us, both now in dilution and later in returns, but
they did correct it. The launch plan is now a statistical work of art. The sats will be up.
The thinking around G* is changing as well as Iridium pukes. Not a satellite
constellation, but a telephone company. I hope the thought of G* disappears. I want
Airtouch and Vodafone to offer "enhanced wireless communications" with global
roaming, connections anywhere, etc. No need to say satellite phone. Let the engineers
work in the background, keep the sats afloat, tweak and improve efficiency, etc. Let the
service providers, proven masters of wireless communications, do the selling. I think that
way of thinking is becoming the reality. That is a huge plus in my book. The big negative
is the feeling I get that Loral is holding the cash back until G* is assured of financing. If
that is the case, they are missing some sweet deals out there. I hope they are not
refraining from acquisitions because of G*.