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

To: A.J. Mullen who wrote (4365)	4/30/1999 9:17:00 PM
From: Ira Player	Read Replies (1) \| Respond to of 29986

A.J. I've played both sides of GSTRF in the past year. It has proven to be a nicely predictable stock. Reasonable run ups before each launch. I don't hold through the launches, because the upside when successful is small, the downside if failure high. I will hold GSTRF at some point in my long term account. But for now, the trading opportunities are the strongest. Long and short. The market was scared by the loss of 12 sats, is (in)digesting the Iridium mess and will not properly value GSTRF until a working subset of the sats are flying and operational. Read that generating revenue. Then hold on. Until then, the volatility will be pleasant for those with shortened time lines... Ira