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

To: RMiethe who wrote (3539)	3/21/1999 11:12:00 AM
From: E Haiken	Read Replies (1) \| Respond to of 29987

I totally agree with your analysis. The Globalstar business plan has been brilliant from the begininng. The only negative was the Zenit loss, but that resulted only in the loss of income, due to the delay. The loss of income is substantial, but only because the ongoing business will be so profitable, which is not at all built into the current price of the stock. Using the same theory, had Iridium been delayed, the stock might be higher, since they would have avoided the losses of being operational.