Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 62.25

+6.2%

Dec 19 9:30 AM EST

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To: Rocket Scientist who wrote (4731)	5/19/1999 1:38:00 PM
From: RMiethe	Read Replies (1) of 29987

Microsoft has not invested one penny in Teledesic, that is correct. Until Teledesic can get $3-4 billion from them (for they plan on being Microsoft's "platform in the sky" according to Russell Daggart), the point is Teledesic, as one opinion has it, is going nowhere. Money-- bankloads-- is what makes satellite systems viable, and if Microsoft doesn't commit to Teledesic (and Teledesic is to be a platform for it), why would anyone else is the thinking. McCaw has invested more than $10 million-- I don't know the exact number. Bill Gates' investment I don't know at all.

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