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

To: djane who wrote (6846)	8/25/1999 7:55:00 PM
From: Rocket Scientist	Read Replies (2) \| Respond to of 29987

Djane, I agree that "it is very much in G* interest to lower expectations, manage the Street, and then surprise on the upside over the next 6-12 months" and even with "it is in G* interest to release little info, let Iridium continue to flounder and have ICO continue to have trouble raising more funds" though it's very frustrating. But even if we ignore the QHardy article as possibly distorted or biased, and agree not to worry about what hasn't been disclosed, what G* has disclosed recently make it clear that we are "behind schedule" relative, say, to the May 99 plan: 3rd Qrtr 99 has become "fall" (in N. Hemisphere, we hope!) 9GWs at start became 8, 16 at end of year became 14 125K UTs at end of year became 65K(?) G* risk/reward is still attractive, but the schedule slippage for sure decreases the reward and may increase the risk. And what's hard to fathom, considering the space segment is a year late, in the end we will be waiting around for the ground segment to start the rollout! It doesn't reflect well on G* mgmt, IMHO.

To: djane who wrote (6846)	8/25/1999 9:26:00 PM
From: mthomas	Respond to of 29987

Please take a look here, and ponder. >P.S. Has anyone been thinking lately about how "lucky" the Zenit >crash was in terms of allowing G* to watch the I* failure, let I* >squander its main time-to-market advantage, and having an extra year >to get the details/gateways/phones more ready? I certainly like that approach to keeping things in perspective. This is much more productive than whining and obsessing, which is the usual default mode for stressful, unknown situations. The business launch is far more unique than the satellite launches, which have been going on for some time prior to G* coming into being. This is a very tedious, orchestrated life or death performance. Good vibes will certainly work better than a whip. Relax, keep a watchful eye on the situation, even set sell stops if that makes you comfortable, and keep posting to the list. But keep it in perspective......I would rather be on this ride than so many others out there that seem to be performing miracles, just cause I know this technology and this business better, and I trust the management to know their stuff. I never ever trusted those people at Motorola, they are too fat with defense contracts, and inflated self opinions about their invulnerability. This is LORAL, and this is QCOM, and this is the best crew going to make this thing fly. If it does not, it does not, but I do not in any way believe it will fail for all the small details being posted by the whining element of our fears. Maybe our own expectations ought to be toned down, GG said over the next 3 to 5 years, NOT the next 3 to 5 weeks !!!! Go pump some iron and chill out :)) Then decide what final straw is needed to make you pull out, and wait for that to happen, and pull out. I have to wait until I see some major failures before I would consider changing my position here. This is the only shot going for the next 2 years. That is a long, long time. Martin MartinT

To: djane who wrote (6846)	8/25/1999 10:29:00 PM
From: David Wiggins	Read Replies (3) \| Respond to of 29987

djane, You're probably right. There is just too little information to go on right now. Nature abhors a vacuum, so we postulate and fret and, etc. With so little knowledge of what is going on behind the scenes our little minds can put any spin on it we want. The analyst meeting should clear a lot of this up and we will shortly look back and giggle about how silly some of our prognostications were good or bad. I'll be happy if we just don't take a severe beating before then - well,maybe a quick little dip to scarf up a few more shares ggg. Regards, Dave

To: djane who wrote (6846)	8/26/1999 2:02:00 AM
From: Maurice Winn	Respond to of 29987

djane, thanks for the Iridium ad. <...it is very much in G interest to lower expectations, manage the Street, and then surprise on the upside over the next 6-12 months...*> Oh, I get it! Make it look as though Globalstar is totally losing it. Has no idea what to do. Make customers back off from high pricing and no information on the system or phones. Get Ericy to wait until next year to produce phones. Get gateways and service providers to wait for a few months. Don't order many handsets from Q! to make it look bad. Then all of a sudden, when least expected, customers will come crowding in from somewhere and there will be a huge, sudden, surprising and unexplained upside. Hot diggity dog! They sure are doing it right. Not releasing information is a good supplement to that strategy too, as you say. Only release the bad news. And thank goodness for the pranged Zenit so that Globalstar could learn from Iridium [though it's a bit surprising that Globalstar people knew so little that they would learn anything from Iridium]. Personally, I'd go for the wild, early success approach and simply amaze Wall Street with vast numbers of customers, clamouring for handsets, gobbling minutes by the billion and ordering another constellation and 10 million handsets. No Zenit crashes and right first time marketing. Maurice