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

To: Maurice Winn who wrote (5092)	6/7/1999 4:45:00 AM
From: Raymond Duray	Read Replies (2) \| Respond to of 29987

Hi Maurice, Been lurking here for a while to see what's going on overhead. I've enjoyed your input to the thread. I have just one comment regarding: f we give away the first few billion minutes over the next few months in recognition that there will be many dropped calls with only 32 satellites, I am a business man and there is one thing I demand above all else from staff, subs and equipment. That is reliability and dependability. For example,Lucent's new 5ESS Switches have been rated at six nines, 99.9999% up time. Failed to work: <10secs./PA. To think that people who have serious business to attend to are going to be willing to put up with 87 or 92% reliability is dreamily optimistic. This G* phone sounds like a science experiment or a toy for early adapters. Hate to rain on your parade here, but I think y'all need to keep some things in perspective. Until the full constellation is up and the system has been through a sufficient beta period to prove its reliability and ease of use, there is no mass market for this phone. No mass market = no positive cash flow = no EBITDA. The market loves EBITDA, but it will only wait so long to get it and then poof, G* is a $5 stock at best. Follow the subscriber rate as close as you can. Bad numbers here is what brought down I*. Best, Ry