Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Goodboy who wrote (5212)	6/17/1999 9:03:00 AM
From: RMiethe	Read Replies (2) \| Respond to of 29987

Contrarily, if Motorola decides to give Iridium $1.5 billion, the market may take that as confirmation that there is a market to be served after all, causing Globalstar's stock to rise. You do keep trying to talk Globalstar's price down Goodboy, however "circumambiently". Predictions on the stock price are not as helpful as accurate predictions of the market to be served. 8 LEOs to go.

To: Goodboy who wrote (5212)	6/17/1999 6:30:00 PM
From: Art Bechhoefer	Respond to of 29987

While I believe there is a lot of debt in front of the stock, the stock price is still close to what it was when Bernard Schwarz bought more shares. If he's buying, then that suggests to me the stock is OK. However, the bonds seem less risky since, if the company defaulted, all those shares that Bernie owns would be pretty near worthlesss. On the substantive side, the elegant design of the Globalstar system assures that it will ALWAYS operate at less cost than Iridium. I don't know of any competing or proposed system that is as low cost as Globalstar. The only question that remains is whether other cellular or wired systems are available in lieu of Globalstar. I'm sure that, even where other substitutes exist, many people who want really secure and unmonitored communications will use Globalstar, even if it is more expensive than standard cellular. In fact, I wouldn't be surprised if military staff, particularly outside the U.S., selected it as the system of choice, based both on security and reliability.