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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 62.88

-0.5%

Nov 14 3:59 PM EST

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To: ccryder who wrote (8185)	11/4/1999 11:56:00 PM
From: Maurice Winn	Read Replies (1) of 29987

I did a CDNA search of the Web and came up with the next launch on 22 Nov 1999 at 16:20:00 UTC. 10 minute window. The Russian space agency has cleared the use of the Soyuz pad after investigation into the latest Proton failure. You are right that the Telecom99 show had gaps in the coverage due to orbits not filling all holes, but those were only of about 3 minutes duration. The fixed phones didn't lose coverage because they have dirty great aerials up on the roof and a low angle satellite would still connect. That's my theory anyway. The handsets only lost coverage for a short time. Anyone who needs a phone would have been grateful for the 95% coverage rather than wait for the prissy, "We only provide perfect telephone service" approach. Any customer buying a phone after being told that there would be gaps in coverage until the constellation is complete would not complain if there were gaps in the coverage. If they did complain, just offer to buy the phone back at half price and suggest they try Iridium service. USA deferring service until next year is hopeless. Why doesn't somebody just offer the FBI bureaucrats a few million dollars each for approval to start service? Maybe all they want is a bribe. People moan about China being stuck in government mud, but it's the USA government stopping this one. It seems Bernie Schwartz lost his bet on the dinner whereby he bet the service would be ready to go in September. He stretched it to October at Telecom99, but nowhere on earth that I know of can anyone just walk up, plonk down their cash and get a working Globalstar phone to hook up to the system. Meanwhile, Globalstar really MUST set up a Web page on the globalstar.com site showing minutes sold/used to date. It could be updated every hour if done manually and every minute if done by computer which is the way it should be done. If not, why not? Come on Globalstar, what are you scared of? There are minutes being used right now. Show us those minutes on a graph. Waiting until the end of March is hopeless. It will just give an opportunity for insiders to illegally make money on share buying and selling. Display the minutes used starting at 15 November when the hard launch starts. Maurice

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