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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 62.88-0.5%Nov 14 9:30 AM EST
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To: A.L. Reagan who wrote (12176)5/5/2000 7:23:00 PM
From: Timothy R. Tierney  Read Replies (3) of 29987
 
I don't understand.....I know the roll out is painfully slow....But it seems that from conference call to conference call the prospects keep improving...unless you think Mr. Schwartz is an out and out liar? Did he not say that Australia was coming in at above expectations? Did he not say that the USA sales are above expectations? Did he not say that Canada's numbers were very strong? Did he not say that China just put in an order that doubled the amount of phones needed. Did he not say that the 116k minutes were from at most 9 countries....at 36 countries does that not extrapolate to 460k minutes ? Did he not say that usage was increasing rapidly week by week? What does that extrapolate to? Did not he say that vodaphone ordered an additional Gateway for Australia? Did he not say that Vodaphone was about to announce a new marketing campaign this monday? Did he not say that mobile phone usage was above expectations? Did he not say that fixed terminals were coming on line? Did he not say that China, Russia were coming online in this quarter? Did he not say that G* would need funds only if it has zero revenues? Did he not say that Gov. admin services was about to sign a contract for utilizing the system? How on earth does everyone get to the conclusion that this system is a massive failure?
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