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

To: djane who wrote (4233)	4/27/1999 12:32:00 PM
From: John Stichnoth	Read Replies (1) \| Respond to of 29987

At what point do the brokerages run into liability exposure for continuing to have anything to do with Irid? It's not enough at this point to just downgrade irid. The stock should be taken off the table as a possible investment by their retail customers. There is just too much downside. At the very least, it should be emblazoned with huge "DANGER, SPECULATIVE INVESTMENT!" stickers. I hasten to add that I am not predicting irid's collapse. Just that the odds seem to heavily favor wiping out irid shareholders. And that should be apparent to anyone who is issuing opinions on these stocks.