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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 61.03-1.2%Dec 31 3:59 PM EST
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To: A.L. Reagan who wrote (10763)3/11/2000 1:33:00 PM
From: D.B. Cooper  Read Replies (1) of 29987
 
Random thoughts.

First, let me preface by saying that my wife and I are Long on this stock. However we are watching closely.

My thoughts are we have some close friends,that live in northern British Columbia. They have recently purchased 7 phones from Motorola. He runs a huge guiding service. This is exactly the what Globalstar wants and needs. I just talked to him two days ago and he was so excited about Iridium and the ability to now to be able to communicate over a vast distance hooking up the different lodges and spike camps. I told him that Iridium is very close to being bankrupt. To put it mildly Ray is not a happy camper! It probably will not be in our life time before he invests in a sat. phone system again.
It is Sat. morning and I am out washing the cars in the driveway and listening to the Canadian Radio station, CBC I believe, The Iridium news is the lead story being broadcast all over Canada. This is pretty big news up there.
My point is that Globalstar should over a rebate in a gesture of good will, It is my understanding that Iridium was selling quite well in Canada.
Signing off, I got honeydo jobs backed up into next week.

Good luck
Don
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