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

To: Serendipity who wrote (6285)	8/2/1999 7:51:00 PM
From: Rocket Scientist	Respond to of 29987

LBros' updated analysis of Iridium is highly recommended reading for G* holders as it presents a very detailed survey of domestic and international pricing for equipment and usage charges as well as a review of the Kyocera phone which is apparently only now becoming available. LB "fairly impressed" with Irid call quality/reliability using the K phone...no dropped calls out of 34 connected (in 39 attempts); call quality variable and generally noticably less than "cellular quality" (whatever that means). On pricing, LB surveyed most distributors w/in and out of the US. Most have dropped prices close (or a little above) Irid's announced targets. Will be very interesting to see what Irid says about sales at the new rates (wasn't Mondale quoted recently as saying the new prices have generated a substantial increase in sales?) which are pretty close to G* retail rates. The four part LB report is at lehman.com