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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 60.06-1.1%3:43 PM EST

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To: RMiethe who wrote (5612)7/9/1999 1:11:00 AM
From: Rocket Scientist  Read Replies (2) of 29987
 
Welcome back RMiethe! I was beginning to think you'd taken Jeff Vayda's advise to take a hike (post 5404) literally.

But seriously, I think you are way off base criticizing TMann's poem. Other than the fact he's undoubtedly infringed on Dr. Seuss, Inc's IPR (that's a joke) his poem is absolutely right on as well as very funny.

The fact is that right now the investment and potential user communities don't know most of the answers to his poem's questions. Well, the stock market will eventually adjust to reality once it is known, and I can wait for that, but the consumers will very soon need to know precise, unambiguous answers to all those questions and many others. The guidance from the company so far has been pretty cryptic, so interested investors/customers/distributors have been forced to extrapolate from the not too stellar Iridium reviews or rely on Internet posters such as "TradeMachine" on Yahoo, Maurice Winn, and your second hand post of someone who arrogantly calls TMann's question imbecilic. I sure hope (s)he's not leading the marketing campaign.

To my knowledge the company has only said in it's SEC filings that the phones may not work in the core of high rise buildings...leaving the impression that it should work in most rural/suburban settings or near (non-Kryptonite) windows. Yet Maurice's (limited) experience indicates trees can block the signal. And I've read that the demo G* call at May's s/h meeting was made by a guy standing in an open field. If you read the "Globalstar disclaimer" on the Vodafone Australia site, one gets the distinct impression that you need clear line of sight to a satellite.

Consumers (Imbecilic or not) have the money that we need to make an ROI on our investment. The company needs to humor them without being patronizing or arrogant. I was standing in the "core of a high rise building" recently waiting for an elevator with someone talking on his cell phone. I was mildly surprised that the phone worked under such conditions. I was even more surprised when he was P.O.'d that he lost the signal after we entered the elevator and the doors closed. Was he an imbecile, too? Maybe...but he and all the other millions we want to sell service to will want to know what they're paying for, and then get it. G* needs to start answering TMann's questions. I sure hope their attitude won't be like the "someone who has used the phone on two continents."

Best regards and welcome back (seriously).

RS
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