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


To: RMiethe who wrote (4965)6/2/1999 2:01:00 PM
From: Rajala  Read Replies (4) | Respond to of 29987
 
>Rajala: not quite so certain what a "fanatic" is in terms of
>Globalstar. I don't have the view that Air Touch Cellular is
>run by fanatics, or Vodaphone, or..

By "fanatic" I meant those self sacrificing individuals who on this thread have publicly committed themselves to purchase a G* phone just to report on its performance. I can barely wait for their unbiased reports.

>Is the management lying through its teeth at this very late date?
>And what would the benefit to management be for lying?

Its a moral duty for the management to be optimistic at this stage.

Lets assume that you were the CEO of a satellite mobile phone operator and thought it likely that the business would end belly up (hypothetical of course), would you publicly claim that it's not gonna fly?

Nope.

The stock would crash, the access to debt freeze, the little chance that you may have had would be dead as a kiwi. AND you would get the axe before you could say "flop".

- rajala