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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 60.22+0.6%10:18 AM EST

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To: Jim Parkinson who wrote (19279)11/15/2000 2:59:26 PM
From: Pierre  Read Replies (1) of 29987
 
Jim, thanks for the good news. I too am confused with the evidence on one side that indicates we're in the crapper, only to emerge - if at all - in sorely diluted state, and evidence like you've posted that suggests the machine continues to hum along, apparently oblivious to its impending demise.

My thinking had been that without a major announcement, or signed contract with government or large corp, we would face restructuring end of next quarter or very early 1st Q. Is it possible that the various distributors are moving enough product that we can double subscribers this quarter? If so, that would be very encouraging. I know the big contracts are coming, so if we can continue to stumble along for the time being just selling onesies and twosies to the general public, we're in pretty good shape. Maybe that's what those national ads are for, to bolster the independent outlets and give them credibility.

I wish data would add some numbers for us this quarter, but don't think we'll see anything meaningful there until 1st Q.

Thanks again.

Pierre
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