CDMA, Globalstar versus Iridium, Inmarsat, etc. Message Board

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Technology Stocks : CDMA, Globalstar versus Iridium, Inmarsat, etc.

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To: Maurice Winn who wrote (250)	8/24/1997 12:46:00 PM
From: Jim Parkinson	of 381

You are right and you don't need to apologize for your "little picture" comments at all. I think your analysis and knowledge is impressive and I very much appreciate your posts. Yes, GSTRF is only 20% of the LP but, I think it will do very well along with the other equity players in the LP. I ran some numbers about a year ago re: the 20% share and using the projections from Globalstar's business plan which resulted in an very nice stock price at the turn of the century. My opinion has only become stronger. My point on Iridium is that thier shareholders stand a much better chance of experiencing some dilution depending on how they fund the balance of the project. I know convertables are an option. What is nice about GSTRF is we pretty much know what is going to happen. I like that better. Regards.

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