Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 64.55

+0.3%

9:41 AM EST

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To: Geoff Goodfellow who wrote (3919)	4/16/1999 10:32:00 AM
From: John Stichnoth	Read Replies (2) of 29987

Thank goodness G* is second, to learn from Irid's mistakes, and thanks for G's satellite lives being 7 years rather than 5. In addition to the lower depreciation charges (obvious), the extra 2 years, plus one year later in getting satellites up, gives G 3 extra years to come out with the second-generation phones, maybe combining with G3 cellular. And, thank goodness G's breakeven will be so much lower than Iridium's. As we move forward, G should be seen as more and more clearly differentiated from Iridium and ICO. Cost structure, market approach, global partners. OT--And, NO THANKS (from Iridium shareholders) to Ed Staiano for leaking this info to a select group. This certainly seems material information that should be available to all or none. Arthur Leavitt should put a stop to this kind of preferential treatment. (Sorry. The article pushed a hot button with me. I hate these "select group behind closed doors" pronouncements).

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