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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 48.26-5.6%3:59 PM EST

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To: Geoff Goodfellow who wrote (23981)10/20/2002 2:58:37 PM
From: Maurice Winn  Read Replies (1) of 29986
 
Well Geoff, it seems that Globalstar has outlasted YOU! Life is ever full of surprises, not all of them as much fun as we'd like. <The Dearly Beloved (Nearly Departed), like Iridium and ICO before it were just grand, wonderful, superlative visions>. Our Dearly Beloved has still not departed, a year on from your eulogy. But where are you?

I'm sure you can't be deceased due to the floods in Prague, but your posting rate has been low enough to be consistent with that possibility. I suppose you are flat out fixing up the Alcohol Bar again after it was submerged [I suppose it was submerged, being in the basement of an old building, though we didn't get a report].

Globalstar, Bernie and Old Man River, just go rollin' along.

We are now celebrating THREE YEARS since Bernie announced to the world in the overflowing tent, with maybe 200 jammed in, no standing room and overflowing, at Telecom99, in Geneva, with Irwin Jacobs sitting impassive in the front row, [failing to nod enthusiastically when Bernie exhorted him to fire up the production lines and roll out those handsets], with "Oh, by the way, this is Tony Navarra" sitting alongside the central Hero, a Hamlet-like figure, of what has turned into a Shakespearian tragedy. There was Mike Kerr of GlobalstarUSA getting bolshy over in the right hand side of the tent, saying they'd sell Globalstar in the way they wanted to thank you very much and not jumping to Bernie's tune, yours truly in the aisle [along with swarms of media mavens and others like spectators at a modern Coliseum] asking why the price couldn't be set at a level to actually attract customers and fill the thing up quick smart. Bernie twice mistakenly calling the satellites 'aeroplanes' [which in a way they are, since they have those energized photovoltaic wings to keep them up], which did make me wonder just a little about how Freudian or otherwise detached from reality the whole scene was.

Globalstar is still going. Subscriber numbers are continuing to build. Restructuring and bankruptcy proceedings are continuing to move, albeit in geological time.

Meanwhile, where are you? Come in Geoff!

Mqurice
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