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

To: limtex who wrote (6272)	8/1/1999 3:09:00 PM
From: dwight martin	Read Replies (1) \| Respond to of 29987

The only precedent (IRID) has been that the stock price collapsed shortly before the system became "fully operational," that it perhaps didn't work as well as expected, and that nobody subscribed. Add to that the perceived cellular proliferation, fear of impending market retrenchment, unrealistic (IMO) pricing approaches by the resellers (doesn't each minute cost GSTRF only $0.14 to provide?), and questions about handset availability. I will not be surprised if the stock goes to 20 or below before turning around on news of successful full deployment and significant demand.

To: limtex who wrote (6272)	8/1/1999 6:01:00 PM
From: TMann	Read Replies (1) \| Respond to of 29987

This venture is very similar to the Q, in that it has unproven technology, and is dependent on service providers for success. Perhaps it has more risk in that debt levels are high and early pioneer Iridium has failed. Therefore, I expect stock to trade in the teens again until demand is proven which may occur in January, but more likely in April. If demand does not meet expectations, watch out below. So strap yourself in, don't bet the farm, and prepare for a bumpy ride.

To: limtex who wrote (6272)	8/1/1999 9:33:00 PM
From: METMAN	Respond to of 29987

Limtex - thanks; I was just snooping for any news that I might have missed. I've been with Q since 95 on/off, and really dug in back in February when it was getting real close to exploding. You could sense the change by all the news. This one, will be more difficult to decipher, but potential is still high. I see GSTRF as much more than a rich man's status symbol, or a device that suits a smaller market like the business travelers, drillers, perhaps ship liners, etc.... When you visit their homepage, I see G* sat phone booths....can be dropped anywhere and used by anyone.... And some really smart posters here have reminded all of us that maybe the phones could be rented to vacationers...hope they demand a credit card number for forgetful users who don't return phones - though it won't matter to G* It would appear that this is only temporary (few months) and that it might provide for another Buying opp. Some folks aptly point out the next launches with Russian rockets - maybe some additional angst here. Actually, if the price drops more, I may be a buyer once again. Although, unlike the Q going up 54 points in one day, I'd guess we'd see increased volatility here long before the mo moved this one by leaps and bounds. That at least gives us some time to react. Time will tell.....need to get users, that's for sure. For all the folks who've never used a phone and will be able to just go to a booth and make a call - that's amazing in itself. still along for the ride -metman

To: limtex who wrote (6272)	8/2/1999 2:00:00 AM
From: cfoe	Respond to of 29987

While I would not put myself in the same category as those "...really bright people on SI" you referred to, I have been holding G* for about fours months, ever since QCOM began taking off (I've owned that for a few years). I am a buyer because I trust the technology and the people who are recommending it (not the least of which is G. Gilder). I have been using the recent price drop to slowly add more shares and plan to keep doing it. See latest (August) issue of RedHerring for major articles on entire wireless industry.