SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT -- Ignore unavailable to you. Want to Upgrade?


To: djane who wrote (3823)4/10/1999 2:27:00 PM
From: djane  Read Replies (2) | Respond to of 29987
 
Weekly Second Opinion - GSTRF 04/12/99 [TA says...avoid G*. I guess TA will tell you to buy G* when it hits $25 :-)]

Symbol: GSTRF
Name: GLOBALSTAR TELECOM
Exchange: NMS
PRICE
ANALYSIS
Wk. Close
19.00
Wk. Open
14.13
Wk. High
19.00
Wk. Low
13.50
Wk. Change
4.75
YrHigh
36.13
YrLow
8.31
Mo Chg (%)
16.0
Resistance
N/A
Support
N/A
BUY STOP
18.30
Volatility (%)
7
Position
100
ADXR
15

OPINION
C-Rate
-5.8
AVOID
02/22/99
17.69

VOLUME ANALYSIS
Ave Daily Vol
9319
Mo Chg (%)
13.5
U/D 0.9 Slope
DOWN
Obv
BR
*
Pos Obv
BL
Neg Obv
BR
*
MFI 62 Slope
UP

TECHNICAL ANALYSIS
Alpha
-0.24
Beta
1.72
MACD-ST
BL
MACD-LT
BL
50-Day R.S.
0.90
10-Day M.A.
UP
125
21-Day M.A.
UP
120
50-Day M.A.
DOWN
115
200-Day M.A.
DOWN
105
STO(Slow %K)
91
STO(Fast %K)
100
Wilders-RSI
75
OBOS
-4
Bollinger Bands
37
RSV
69
POWER RATING
-23

SCORE = 2

COMMENT
Moving Average Convergence/Divergence (MACD) indicates a BULLISH TREND
Chart pattern indicates a POSSIBLE TREND REVERSAL
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

RECOMMENDATION

STOCK SHOWS MILDLY IMPROVING CONDITIONS SCORE = 2
IF YOU ARE SHORT THIS STOCK HOLD POSITION; DO NOT INITIATE NEW SHORT SALE
STOCK IS NOT A BUY CANDIDATE

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

Enter a new stock symbol:



To: djane who wrote (3823)4/10/1999 2:39:00 PM
From: djane  Respond to of 29987
 
3/10/99 Bernie comments at ING satellite conference

loral.com



To: djane who wrote (3823)4/10/1999 2:43:00 PM
From: djane  Read Replies (1) | Respond to of 29987
 
''The price has gotten ridiculous,'' Schwartz said. ''It was an offer I couldn't resist.''

Bloomberg. Globalstar Rises After CEO's Stock Purchase Disclosed (via g* yahoo thread

(Update1) (Adds comment from Schwartz in 6th paragraph. Updates shares.)
New York, April 9 (Bloomberg) -- Globalstar Telecommunications Ltd. shares rose 12 percent as investors followed the lead of Chairman
and Chief Executive Bernard Schwartz, who bought 100,000 shares of the satellite-operator for at least $1.29 million on March 31.

Globalstar rose 2 to 19. Schwartz's purchase came a day after the company's shares were at their lowest price since the start of the year. The
shares have rallied about 37 percent since then.

Schwartz, 73, is known for being a timely investor who made millions of dollars in 1996 from the sale of Loral's defense and electronics to
Lockheed Martin Corp. for about $9 billion. Schwartz's purchase demonstrates to investors his confidence in the company's plans to start a
satellite-based telephone system by September, analysts said. ''It sends a signal that he's putting his own money at risk,'' said John Bensche,
an analyst at Lehman Brothers Inc., who rates the shares ''buy.'' He forecasts that the shares will rise to $27 a share by year end.

Schwartz, also chairman of Loral Space & Communications Ltd., bought the shares at prices ranging from $12.88 to $14.44 each, according
to a report from the Washington Service, which tracks buying and selling of a company's shares. The purchase boosts his stake in the
company to 897,604 shares, giving him ownership of 1.1 percent of the shares outstanding. ''The price has gotten ridiculous,Globalstar Rises
After CEO's Stock Purchase Disclosed (Update1)

Globalstar Rises After CEO's Stock Purchase Disclosed (Update1) (Adds comment from Schwartz in 6th paragraph. Updates shares.)
New York, April 9 (Bloomberg) -- Globalstar Telecommunications Ltd. shares rose 12 percent as investors followed the lead of Chairman
and Chief Executive Bernard Schwartz, who bought 100,000 shares of the satellite-operator for at least $1.29 million on March 31.

Globalstar rose 2 to 19. Schwartz's purchase came a day after the company's shares were at their lowest price since the start of the year. The
shares have rallied about 37 percent since then.

Schwartz, 73, is known for being a timely investor who made millions of dollars in 1996 from the sale of Loral's defense and electronics to
Lockheed Martin Corp. for about $9 billion. Schwartz's purchase demonstrates to investors his confidence in the company's plans to start a
satellite-based telephone system by September, analysts said. ''It sends a signal that he's putting his own money at risk,'' said John Bensche,
an analyst at Lehman Brothers Inc., who rates the shares ''buy.'' He forecasts that the shares will rise to $27 a share by year end.

Schwartz, also chairman of Loral Space & Communications Ltd., bought the shares at prices ranging from $12.88 to $14.44 each, according
to a report from the Washington Service, which tracks buying and selling of a company's shares. The purchase boosts his stake in the
company to 897,604 shares, giving him ownership of 1.1 percent of the shares outstanding. ''The price has gotten ridiculous,'' Schwartz said.
''It was an offer I couldn't resist.''


Loral owns 42 percent of Globalstar.