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

To: limtex who wrote (5169)	6/11/1999 10:46:00 AM
From: Valueman	Read Replies (1) \| Respond to of 29987

Positive Recent Developments: ---Another successful launch--only 3 more to have decent coverage with dropped call rates on the order of terrestrial cellular. Although BS says 32 will do it, I'd stick with the 36 number. For 36 in-plane sats, we are looking at September 1. ---Pricing flexibility is starting to be uttered in back rooms at G. They will price it appropriately it appears, with some dealing going on in the fixed market rates. ---"More Handsets" being chanted by service providers ---The system works, as opposed to the competition. ---Iridium is trying everything to NOT go bankrupt. The longer they circle the drain, the better it is for G. The prices stay high, and the smell of death keeps customers away. ---The financing looks sewn up as ICO begs for cash ---Gateways are being put into service, testing etc. ---It is coming down to the wire. That big lead that Iridium was given was completely squandered. Now, both companies are out there pitching business to the same markets. G* can offer the big vertical markets a beta test soon. Reasonable cost on a system that performs--those customers are a lock.