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

To: djane who wrote (5388)	6/26/1999 2:10:00 AM
From: djane	Read Replies (1) \| Respond to of 29987

Weekly Second Opinion - GSTRF 06/28/99 [TA says G* is a buy and under accumulation] Symbol: GSTRF Name: GLOBALSTAR TELECOM Exchange: NMS PRICE ANALYSIS Wk. Close 22.13 Wk. Open 18.00 Wk. High 23.75 Wk. Low 16.69 Wk. Change 4.38 YrHigh 28.13 YrLow 8.31 Mo Chg (%) 24.7 Resistance N/A Support N/A SELL STOP 16.90 Volatility (%) 6 Position 79 ADXR 14 OPINION C-Rate 0.0 LONG 04/26/99 19.97 VOLUME ANALYSIS Ave Daily Vol 9870 Mo Chg (%) -6.0 * U/D 1.3 Slope UP Obv BL Pos Obv BL Neg Obv BL MFI 82 Slope UP TECHNICAL ANALYSIS Alpha -0.02 Beta 1.70 MACD-ST BL MACD-LT BL 50-Day R.S. 1.10 10-Day M.A. UP 120 21-Day M.A. UP 123 50-Day M.A. UP 115 200-Day M.A. UP 129 STO(Slow %K) 89 STO(Fast %K) 77 Wilders-RSI 78 OBOS -1 Bollinger Bands 34 RSV 80 POWER RATING 40 SCORE = 0 COMMENT Moving Average Convergence/Divergence (MACD) indicates a BULLISH TREND Chart pattern indicates a WEAK UPWARD TREND Relative Strength is BULLISH Up/Down volume pattern indicates that the stock is under ACCUMULATION The 50 day MOVING AVERAGE is rising which is BULLISH The 200 day MOVING AVERAGE is rising which is BULLISH RECOMMENDATION STOCK IS A BUY MarketEdge & Second Opinion are neither offers to sell nor solicitations of offers to buy any security.

To: djane who wrote (5388)	6/26/1999 2:17:00 AM
From: djane	Respond to of 29987

SELL SIGNALS UPDATE: Iridium's Debt Clock Looms Closer Analyst Bullpen Analysis Archive iionline.com Dave Sterman: Director of Online Research (6/25/99) Shares of Iridium (NASDAQ: IRID - Quotes, News, Boards)rebounded smartly this week. After slipping below $6 in mid-June, the stock hit the $15 mark on Thursday before retreating. The stock continued that pullback in Friday morning trading. In fact Iridium shares were down $3.00, or 22%, to $10.50 in early afternoon trading. Much of the rise can be chalked up to a short squeeze as the company unveiled a seemingly bullish pricing plan that could finally deliver growth to the company's miniscule customer base. Now that shorts have been forced to cover, they should jump back in and short more shares anew. Right away. That's because Iridium's problems haven't disappeared. They've just been stalled. The company still lacks a credible effort to lure more customers, and its bondholders are getting ready for a final showdown for control of the company. In a tacit acknowledgement that consumers will never, ever pay the ridiculously expensive prices for the company's equipment and services that the company wanted, Iridium's new management team decided to quickly slash prices across the board. But the phones are still too way too big. The company plans to roll out smaller phones in about six months. That might be about five months too late. The price of the phones was slashed from $3,000 to less than $1,000. That's still about $700 more than a cutting edge Motorola (NYSE: MOT - Quotes, News, Boards) StarTac phone. Prices have also been slashed on calls made on the Iridium network, but still remain well above competitive alternatives. Cutting prices on products and services may help bring in more subscribers. But it throws the company's high cost structure into the spotlight. As a refresher, Iridium was launched using state-of-the-art equipment that was not only costly to launch, but expensive to operate on a continuous basis. The initially high pricing structure was the justification for sparing no expense in developing the system. Now that prices have been slashed, it is hard to conceive how the system can be operated profitably. More importantly, can the new pricing structure generate enough cash flow simply to service the current debt load? Probably not. All of these details will be discussed on or around June 30, when Iridium management sits across the table from the bondholders. Iridium execs will likely focus on the benefits of the new pricing structure. Bondholders will likely focus on how they can get their money back. Some have speculated that the bondholders will have no choice but to go along with a restructuring that will greatly reduce the value of their bonds. Not bloody likely. More likely, bondholders will exercise their right to either liquidate the equity, or convert their interests into equity at very favorable terms. Either way, it spells disaster for the stock price. Bottom Line: Add it up: A new business plan that will fail to generate meaningful cash flow. Bondholders knocking at the door. Products and services that are still too expensive. As all of this bad news comes to roost over the next few quarters, the shares will ultimately be worth a few bucks at best. Copyright © 1997-1999 Individual Investor Group. All Rights Reserved. Get your free email address yourname @ investormail.com Analyst Bullpen Analysis Archive SELL SIGNALS UPDATE: Iridium's Debt Clock Looms Closer Tell us what you think in IRID's Board. TODAY I. I. A N A L Y S I S UPDATE: Why Progress Software is Undervalued MindSpring in Talks for a Deal -- Who's Next? CMGI in Talks With Compaq to Buy AltaVista Micron Technology Loss Dims Outlook Mapics: Bottom-Fishing the ERP Group Large Ad Agencies Slowly Discovering the Web CheckFree Sell-Off an Act of Sheer Lunacy Why a Gateway-EarthLink Deal Makes Sense Putting Interest Rates Into Perspective (Revised) C O M M E N T A R Y TAUB TALK: AMD's Biggest Surprise BID & ASK: Looking for a No-Brainer Investment? DID YOU MISS A DAY? Last 7 Days Archived iionline.com Dave Sterman: Director of Online Research (6/25/99) Shares of Iridium (NASDAQ: IRID - Quotes, News, Boards)rebounded smartly this week. After slipping below $6 in mid-June, the stock hit the $15 mark on Thursday before retreating. The stock continued that pullback in Friday morning trading. In fact Iridium shares were down $3.00, or 22%, to $10.50 in early afternoon trading. Like this Article? Much of the rise can be chalked up to a short squeeze as the company unveiled a seemingly bullish pricing plan that could finally deliver growth to the company's miniscule customer base. Now that shorts have been forced to cover, they should jump back in and short more shares anew. Right away. That's because Iridium's problems haven't disappeared. They've just been stalled. The company still lacks a credible effort to lure more customers, and its bondholders are getting ready for a final showdown for control of the company. In a tacit acknowledgement that consumers will never, ever pay the ridiculously expensive prices for the company's equipment and services that the company wanted, Iridium's new management team decided to quickly slash prices across the board. But the phones are still too way too big. The company plans to roll out smaller phones in about six months. That might be about five months too late. The price of the phones was slashed from $3,000 to less than $1,000. That's still about $700 more than a cutting edge Motorola (NYSE: MOT - Quotes, News, Boards) StarTac phone. Prices have also been slashed on calls made on the Iridium network, but still remain well above competitive alternatives. Cutting prices on products and services may help bring in more subscribers. But it throws the company's high cost structure into the spotlight. As a refresher, Iridium was launched using state-of-the-art equipment that was not only