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


To: djane who wrote (4970)6/1/1999 8:22:00 AM
From: gdichaz  Read Replies (2) | Respond to of 29987
 
In the wonderful real world, (as opposed to Washington, D.C.), there are two most interesting areas to watch re China IMO.

The first and most relevant to this thread is that Globalstar is in a position to get even more positive support in China. There are now reportedly plans for three upgraded G* base stations in China. Seems like G* management expects demand there could exceed the modest early estimates.

The second is that China Unicom is moving to take two steps toward a workable CDMA system. Taking over the 4 "experiments" from Great Wall and floating the idea of a major stock issue in Hong Kong and New York.

Am I alone in seeing these as major positives in a difficult (perhaps it is fair to say absurd) political environment re China currently?

Chaz