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

To: limtex who wrote (6837)	8/25/1999 5:44:00 PM
From: David Wiggins	Read Replies (5) \| Respond to of 29987

I agree with you for now. Just don't quite understand the stalling if everything is rosy. Regards, Dave

To: limtex who wrote (6837)	8/26/1999 1:25:00 AM
From: Maurice Winn	Read Replies (1) \| Respond to of 29987

Limtex, an investor has a job and it is allocating capital. You don't succeed by sitting back and forgetting about it. That's how you lose your shirt. Investors who are good at it make heaps. Those who are not good lose it. There is clear evidence of a shambles in marketing with Airtouch adopting a rotational strategy of spinning so many degrees in relation to Iridium. That's fine if they want to do it with their money, but not with mine. Airtouch has ordered damn all handsets. Their rollout is late and their marketing is pathetic. Click around in Airtouch and see how much information there is available. Next to nothing. This is a specialized product which will not be selling to masses of people for a year or three [it could sell by the million but that isn't the plan - the plan is to goof around selling a few here and there, maybe next year]. The Globalstar effort is out of Irwin's hands. Q! is making handsets and getting the gizzards going. That's all 100% if we believe the people we should trust. So the big defects are getting gateways going, ordering the handsets and selling them to millions of people. Ericsson seems to be on the sleepy side of it and that means they miss out on Australian sales where cdmaOne/Globalstar handsets will sell instead. Same in the USA. Same all over where cdmaOne and GSM are operating side by side. The Q! Globalstar handset works in analogue too, so GSM will miss out on that option too. If Ericy doesn't get a move on, cdmaOne and cdma2000 rollouts will be eating their GSM/Globalstar lunch before they get their handsets out in huge numbers. Globalstar has a bunch of sleepy Service Providers and overpriced minutes. Investors should not sit back and forget about it [unless they aren't interested in return on investment]. Maurice