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

To: Jeff Vayda who wrote (3620)	3/26/1999 11:47:00 PM
From: Jim Parkinson	Read Replies (2) \| Respond to of 29987

We have folks on Wall Street right now saying that the MSS business is a joke (I heard this second hand about a Lehman Bros. analyst) so what do we expect. G* could go to 10 before this is over. For me, if the penguins are right then I guess I have wasted 4 years of research and I don't know jack shit nor does anyone else on this board. I have never found the penguins to be right until AFTER a stock really takes off then they can say it is a great buy. I am sorry Tin if you are not getting instant gratification but it won't happen with these type of investments. Yes, I am frustrated but only because the market can drive a stock like Amazon sky high and ignore something as solid a Globalstar and Loral both of which will actually have real income some day. The penguins are saying now there is no demand for sat telephony or just enough for one system. Do they now more than Vodafone/AirTouch all those in the business? I don't think so. G* is being killed because of I*. This storm will pass. I didn't plan on spending my profits this year anyway.

To: Jeff Vayda who wrote (3620)	3/29/1999 6:10:00 PM
From: Dragonfly	Read Replies (1) \| Respond to of 29987

Since the last launch has not provided a boost, it is apparent that the street is not counting launches. If you remember this is quite the opposite of the situation when I* was launching. Each successful launch had a corresponding rise in price, usually right before. I expected the same pattern would hold for GSTRF and am dismayed that the price isn't following value. GSTRF's problems started with the failed launch last fall. So, clearly that affected the price... but we're down where it got then and things are going well. I can find nothing to account for the low stock price- the story is good, the progress is very good, and the quality of the final product looks just as good as always. I'd not been planning to accumulate more, but its hard to argue with these discount prices! Dragonfly