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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 64.34+7.4%Nov 12 3:59 PM EST

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To: RMiethe who wrote (4191)4/26/1999 1:07:00 PM
From: David Wiggins  Read Replies (2) of 29987
 
RMiethe, Maurice, Thread, Let's not miss the forest for the trees. By my count based on published schedule, Globalstar should have 52-58 sats up by year end. There is nothing but lack of demand to keep them from launching more satellites to increase capacity and handle more demand as needed. The beauty of this system is that it is modular, and can be added to at will. Regarding Teledesic; Globalstar could easily leverage their success with the initial configuration to launch more satellites that have broadband capability AND plug into the current system. As a matter of fact, I expect them to do it if the demand is there - probably even as quickly as Teledesic. Yes, this is only the beginning. Ten years from now, we will still be a strong growth company...

Regards, Dave
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