Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 46.93

-6.9%

Nov 4 3:59 PM EST

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To: Geoff Goodfellow who wrote (7941)	10/21/1999 4:21:00 PM
From: Jim Parkinson	Read Replies (2) of 29986

Geoff, thank you for the thorough response. As RS stated, yours is certainly one of the most articulate bearish arguments on G* I have seen. It is very thought provoking to say the least. I just finished reading Globalstar's latest promo piece I assume was handed out at the conference and, as expected, makes very compelling argumemts. One cannot help but be impressed by the plans for Australia alone. The fixed terminal options soon to be available are also very compelling. But, as you eloquently point out, if the market only adds up to about 50K paying telephone subs a year from now, it will be Iridiumstar. I can assure you that I and many others will be watching the roll out very closely for answers to the demand question. Thanks again.

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