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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (5088)6/6/1999 8:15:00 PM
From: Bernard Levy  Respond to of 29987
 
Hi Maurice:

Grubman's picks versus the Bernie Schwartz run companies.

techstocks.com

I rest my case.

Best regards,

Bernard Levy



To: Maurice Winn who wrote (5088)6/6/1999 10:58:00 PM
From: RMiethe  Read Replies (4) | Respond to of 29987
 
Maurice Winn: I checked on the orders for phones which you have mentioned here a number of times. Who orders them?

Globalstar orders the manufacturing of the phones-- not the service providers. So Air Touch would not call Qualcomm and say-- send us 200,000 phones.

To date Globalstar has ordered 330,000 phones. If what is being said beyond that is true, they are looking to have 1 million phones available (sold?) by December 31 2000.

But it is they that order Qualcom and the two other manufacturers to produce the phones, not the Service Providers.

We can go back and forth for three weeks and ask if everyone is lying about the system demand, as I wrote a week ago, if Air Touch is making everything up about the price per minute it can charge, but it is factual that Globalstar, not Air Touch or TESAM, order the phones.

As for actual phone system demand, I wrote that I will call Jack Grubman tomorrow and ask him for his due diligence that shows why Globalstar should be avoided totally, as well as get the names of the ten Iridium phone users he said told him the Iridium phones don't work. On that I am sure Grubman is lying. But hey, Wall Street analysts lie like railroad tracks-- across the country. Remember the term "banking whore"?

In response to my comment about actual due diligence from Grubman, Mr. Levy typed some webpage about Grubman's recommendations versus Bernard Schwartz's two companies. I don't give a crap about Grubman's recommendation (his MCI recommendation two years ago was totally wrong)-- I want his due diligence on Globalstar subscriber potential so I can see why he came to the opinion he has.

Not one poster on this board, nor will one Wall Street analyst, ever come up with such due diligence. That is why almost all the discussion here on Globalstar to date is opinion and a guessing game. No one knows, including Grubman. That is why his opinion is worth nothing.

I admit, I am not sure if Grubman contributed to Clinton, a matter that Mr. Levy has discussed a few times regarding Bernard Schwartz. But don't give me a webpage of Grubman's recommendations when I ask for his due diligence on Globalstar's user potential. You may as well as have given me a webpage of Jonathan Cohen's internet stock recommendations. Cohen's internet picks do not have any information on the due diligence for Globalstar either, but they are certainly a lot better in returns than Grubman's picks.