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

To: Jim Parkinson who wrote (6926)	8/27/1999 12:35:00 PM
From: Rocket Scientist	Respond to of 29987

So will this trigger a fire sale on ICO assets? BLS better get his checkbook ready...unlike Iridium, ICO assets have a lot of potential value.

To: Jim Parkinson who wrote (6926)	8/27/1999 12:41:00 PM
From: Jeff Vayda	Read Replies (3) \| Respond to of 29987

How is this going to play out with G's share price? Will the money that is wanting to be played in the sector all come to G as the last one standing? Will more money be pulled out as the faith in the market is reduced further? ICO filing for protection before the sats are even built - seems to be a real death for a constellation (and competitor) to me. I* should be able to get some type of reorg completed and sell some minutes at a significantly reduced price. I dont know if they can generate enough revenue to resupply the constellation to the tune of 6 sats a year. Result is I* will be gone within 5 years (max) and possibly even less. ICO looks like it is out of play altogether. Must be bullish for G* IF there is a market. Back to the same result, the market must be proven. Best way to do that is to drop the prices so all the marginal people come out and use the system. Just like all the other 'modern conveniences' before it, once people use the system, they will wonder how they got along with out it. Jeff Vayda