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


To: djane who wrote (5482)7/1/1999 1:46:00 PM
From: Rocket Scientist  Read Replies (1) | Respond to of 29987
 
A Press Release I'd like to see soon:

"Air Touch Satellite Services (ATSS) announced today that it had finalized agreements with 30 of North America's largest retail providers of cellular phone services to distribute Globalstar telephone services accessible through ATSS's four North American gateways. The agreement provides for the retailers to make an advance commitment to purchase in bulk at steeply discounted rates access time to the Globalstar system during the first 24 months following service launch. The "bulk buy" of access time virtually "sells out" the Globalstar system resources allocable to North America and assures ATSS and Globalstar of sufficient revenues during the critical start up phase to meet their business plan objectives. The retailers, comprising the most successful cellular service providers in the US, Canada and Mexico, in turn will receive non-exclusive access at highly competitive rates to the Globalstar system. With the benefit of the discounted "wholesale" rate provided to these vendors, ATSS expects that retail prices will be not more than 60% of the prices charged by competing satellite service providers, while still providing ample incentive to the retailers to aggressively market the unique Globalstar product.

Separately, ATSS announced it had reached agreements with leading manufacturers of Sports Utility and Recreational Vehicles to offer the Globalstar car kit as optional equipment on their vehicles starting later this year. "We believe the Globalstar car kit, providing in one compact, low cost package conventional cellular, satellite cellular and position location services will be a uniquely attractive option for purchasers of these vehicles, which frequently travel well outside the reach of terrestrial cell service," said ATSS' president."



To: djane who wrote (5482)7/2/1999 10:13:00 PM
From: djane  Respond to of 29987
 
Weekly Second Opinion - GSTRF 07/06/99 [TA says G* is a buy and under accumulation]

Symbol: GSTRF
Name: GLOBALSTAR TELECOM
Exchange: NMS
PRICE
ANALYSIS
Wk. Close
24.06
Wk. Open
22.25
Wk. High
24.75
Wk. Low
21.06
Wk. Change
1.93
YrHigh
28.13
YrLow
8.31
Mo Chg (%)
36.0
Resistance
N/A
Support
17.34
SELL STOP
16.90
Volatility (%)
6
Position
92
ADXR
21

OPINION
C-Rate
5.5
LONG
04/26/99
19.97

VOLUME
ANALYSIS
Ave Daily Vol
11122
Mo Chg (%)
17.6
U/D 1.4 Slope
UP
Obv
BL
Pos Obv
BL
Neg Obv
BR
*
MFI 89 Slope
UP

TECHNICAL
ANALYSIS
Alpha
-0.02
Beta
1.71
MACD-ST
BL
MACD-LT
BL
50-Day R.S.
1.17
10-Day M.A.
UP
112
21-Day M.A.
UP
125
50-Day M.A.
UP
122
200-Day M.A.
UP
138
STO(Slow %K)
86
STO(Fast %K)
81
Wilders-RSI
81
OBOS
-2
Bollinger Bands
56
RSV
89
POWER RATING
83

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
LOOK FOR SUPPORT AT 17.34

RECOMMENDATION

STOCK IS A BUY

MarketEdge & Second Opinion are neither offers to sell nor solicitations of offers to buy any security.