Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 61.03

+0.3%

Nov 26 3:59 PM EST

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To: Maurice Winn who wrote (8385)	11/16/1999 3:44:00 PM
From: David Wiggins	Read Replies (1) of 29987

There is NO SERVICE yet. I talked to a nice man at Globalstar IR today after two more calls. He was very nice, but I'll tell you, those folks are capable of more semantic contortions than an Arkansas president with his pants down. After pinning them down to a definition of service = the ability for someone to buy a phone and then use it somewhere, I was told that there is no service launch. That statement to contrary was in error. There will be no service anywhere until January. South America, China, and South Africa were mentioned. No US service until February. Of course, this was 'all according to plan' according to the nice gentleman. When I reminded him of the Q399 and Oct. 11th dates he told me there was in fact, a little 'slippage' but still everything was going according to plans HUH? Anyway, we had a very pleasant conversation if not encouraging. It ain't his fault they can't seem to get their act together I guess. Regards, Dave

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