Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 68.47

+0.3%

Dec 5 9:30 AM EST

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To: Sawtooth who wrote (3298)	3/7/1999 2:07:00 PM
From: djane	Read Replies (4) of 29987

Valueman thoughts on G* (via LOR thread) --G-Ick. Our darkest days revolve around G, and our brightest days may also revolve around G. Management had no contingency plan--that was obvious. Did they correct that mistake? Oh yes. It will cost us, both now in dilution and later in returns, but they did correct it. The launch plan is now a statistical work of art. The sats will be up. The thinking around G is changing as well as Iridium pukes. Not a satellite constellation, but a telephone company. I hope the thought of G* disappears. I want Airtouch and Vodafone to offer "enhanced wireless communications" with global roaming, connections anywhere, etc. No need to say satellite phone. Let the engineers work in the background, keep the sats afloat, tweak and improve efficiency, etc. Let the service providers, proven masters of wireless communications, do the selling. I think that way of thinking is becoming the reality. That is a huge plus in my book. The big negative is the feeling I get that Loral is holding the cash back until G* is assured of financing. If that is the case, they are missing some sweet deals out there. I hope they are not refraining from acquisitions because of G*.

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