Globalstar Telecommunications Limited GSAT Message Board

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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: literaryfx who wrote (15588)	8/11/2000 2:13:25 PM
From: Jeff Vayda	Read Replies (1) of 29987

Ken: The SPs will provide financing because G is a cost effective alternative to cellular build out in non-urban area...* Sure it is and has always been. I see an understandable level of commitment from a multi-billion dollar concern for a several million dollar profit potential. In short: G* is small potatoes for the SPs. I have said before, they are much more concerned with alienating existing customers with poor G* performance than they are about acquiring new customers with an effective alternative to cellular. 1) Financial negotiations are handled by management, not shareholder approval. My point exactly. We have no say and as such we will be getting the 'short' end of the stick - no matter what the deal. Yesterday is history and tomorrow is where G's future lies. What we know is that one customer, IFN, has stated they alone can max the system.* Promises, promises. I'll believe it when I see it. To me that says two things: (1) only lower the price per minute as a last desperate act (which clearly is not the case here)... When would you say 'despiration' is called for? Did Nero ever? (2) get the second constellation on the drawing board immediately. Second constellation is easy to draw. The harder part is coming up with the financing. Just ask ICO-Teledesic. Jeff Vayda

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