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

To: djane who wrote (4199)	4/26/1999 9:51:00 PM
From: JMD	Read Replies (3) \| Respond to of 29987

wide open question to the G* thread (with apologies if already asked). Isn't there some use for ~60ish birds in orbit? Granted that Iridium will be a financial disaster as originally conceived, I find myself watching LOR/G* struggling to get theirs aloft! In other words, even though I have always felt that I* would wind up in the soup (though admittedly not this fast or this deep), one has to admit that they did a stellar job on the launch side of things while the good guys are keeping their fingers crossed getting their constellation airborne. Thoughts? Mike Doyle

To: djane who wrote (4199)	4/27/1999 1:25:00 AM
From: djane	Respond to of 29987

4/15/99 16% increase in G* short position. Well, well, well. I guess the shorts figured 4/26 I* earnings/abysmal subscriber numbers would make easy pickins -- I was hoping for one more purchase. But, Wall St. is finally figuring out the lovely distinctions between I* and G*. It will be fascinating to watch this short story over the next months before the 9/99 roll-out. I'll be here. djane Company GLOBALSTAR TELECM 4/15/1999 8,334,068 3/15/1999 7,130,031 % Chg 16.9 Avg Dly Volume 1,141,275