Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 56.92

-10.6%

Dec 17 3:59 PM EST

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To: Jim Parkinson who wrote (14436)	7/16/2000 11:26:47 AM
From: TMann	Read Replies (1) of 29987

Jim: Thanks to adding to my list; you certainly have done your share of dd and I appreciate you sharing the info you have gleaned. Is that Tony the Tony Narvarra that mentioned details of flight kit?? I'm continuously impressed by your connections!! I hope the other items you list come true: South Africa, big name customers and contracts, Canadian Gov. GSA, etc. I agree with most of your points regarding G* as an investment. This is truely a monumental task, with great potential. Its also highly risky in that G* depends on foreign governments, service providers who don't appear real focused on G*, lots of money, satellites prone to failure, a change in perception of the sat. phone industry aka Iridium, etc. etc. I think Bernie and co. have done a pretty good job overall, considering so much is out of their control. I believe they overestimated subscriber growth and built high expectations which when undelivered, killed the stock. They can repair the aftermath, but it will take some time. I have my fingers crossed that they can pull it off!!

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