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


To: djane who wrote (3618)3/26/1999 12:22:00 PM
From: Tin  Respond to of 29987
 
Nothing new, just want to post the price of G* is 14 7/8, down further more.

Tin



To: djane who wrote (3618)3/26/1999 12:45:00 PM
From: Jeff Vayda  Read Replies (2) | Respond to of 29987
 
djane; Recall you were looking to get in at sub 15 levels. Pulled the trigger yet? I may have to re-asses my entry time. I had thought July August would be the time, but if these 'screaming' buys levels continue I might pony up for some sooner.

From the shorts charts you supplied, what is the significance? Would a small positive movement of a point or so flush out some shorts and act to maintain the rise?

Since the last launch has not provided a boost, it is apparent that the street is not counting launches. IMO the company needs to pump out some press to paint a positive light on the story.

Jeff Vayda



To: djane who wrote (3618)3/29/1999 11:18:00 AM
From: Jeff Vayda  Respond to of 29987
 
Djane:

Seems G* is holding up better today given I* weakness. We might have passed the point where G* price is tied to I* fate. Seems the refinancing of the I* deal is near.(CFO out the door) Time to get the cash and reduce my cost basis in G*. Qualcom story has supported my initial impressions that good things will eventually come from these companies (Loral/G*) because they have sound business plans. The execution of the plans are always impacted by things beyond the company's control, but you work through those events and if constant re-evaluation supports it, buy more.

Getting ready to dive in again...

Jeff Vayda