Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 58.69

+1.9%

3:08 PM EST

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To: djane who wrote (8032)	10/26/1999 4:34:00 PM
From: Jim Parkinson	Read Replies (1) of 29987

No Wall Street did not like the call. I think they wanted bomb to drop, something dramatic that would remove all fears about demand. I heard the call too and cannot add anything substantial to the summary two posts back. I do know that some analysts are revising their ye targets down i.e. one is projecting 30 now instead of 37. The handset availabity seems to be the dilema and everyone is drawing various conclusions. BS said one reason for the slower than anticipated ramp up this year is due to recent software upgrades being installed in the handsets. Kinda sounds like Iridium as a freind of mine points out. I hope BS is not BSing us. Others feel that the reason handsets are not being manufactured is because there is no demand. If the sp's were getting strong customer interest, they would place larger orders and production would increase. So, light demand means slow handset production. Fewer handsets means G* can't hit their 2000 numbers. Mell of a hess! It all comes back to the same fundamental question, is demand as high as everyone thought in 1995 like Robert Kaimowitz (Unterberg now ING)? That question has certainly been debated on this and other boards. Jeff Vayda's recent post this am expresses my view. I think the demand is there big time and will be proven in due time.

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