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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 62.25+6.2%Dec 19 9:30 AM EST

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To: Maurice Winn who wrote ()9/8/1999 9:58:00 PM
From: TMann  Read Replies (1) of 29987
 
Long time G* investors:

I must admit to being increasingly nervous and skeptical of our beloved G*. Guess all these short sellers are penetrating my confidence in Bernie and Co. Here's a list of what can go wrong in the next 6 months as rollout progresses:

1. Phone/network quality less than expected generating negative media and customer apprehension.
2. Delays initiating service in the 8-9 gateways.
3. Lack of phone availability
4. Pricing plans out of reach of reasonable consumers
5. Ambivalent marketing by service providers resulting in no customer awareness
6. Satellite or launch failures
7. Slow customer acceptance and usage due to all the above

Sure is a lot that can go wrong, and the probability of getting it all right seems slim. I seriously believe we'll see the teens again by end of year or early next year. Hang on and prepare for bumpy ride!!
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