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

To: Jim Parkinson who wrote (6940)	8/27/1999 4:44:00 PM
From: The_Guru_00	Respond to of 29987

I think you may have failed to see my attempt at humor. Maybe you saw it, and decided to post the comments by MS to further enhance the humor:) Guru

To: Jim Parkinson who wrote (6940)	8/27/1999 4:52:00 PM
From: Valueman	Read Replies (1) \| Respond to of 29987

There's that statement again--"tremendous demand for handsets"---How many? How much actual cash has each service provider put up to buy handsets? When will they be available for COMMERCIAL sale? Key questions as yet unanswered. These are classic meaningless spin comments. "Pushing manufacturers to ramp up production" doesn't mean squat. Hell, I push too. So what. Quit the rhetoric and let's have the facts. It would be much more informative to say "we have preliminary orders from the service providers for 100,000 GSM phones, 100,000 QCOM phones, and 25,000 fixed terminals. G* has received $100 million as a partial payment on these handsets. Software tweaking on the phones and gateways has pushed back our phased rollout by 45 days. We are actively pursuing customers for the gateways destined for areas that were to be served by our Korean partners, but the current environment in MSS has made that difficult. Mr. Schwartz has left for India today to negotiate a deal with VNSL(ex-ICO mainstay and main Indian telecom co.) to take over service provider duties in that enormous market. We expect service to start in Argentina on October 31st, China on November 21st, etc." One can only dream.

To: Jim Parkinson who wrote (6940)	8/27/1999 4:56:00 PM
From: Rocket Scientist	Read Replies (1) \| Respond to of 29987

What's known about the regulatory and legal implications of ICO's bankruptcy, especially if it's actually liquidated? ICO has a spectrum allocated to it that G* would like to expand into does it not?

To: Jim Parkinson who wrote (6940)	8/27/1999 8:11:00 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 29987

Has Globalstar announced plans for a 10,000km constellation like ICO's to fill in the never-to-be-filled areas or will they put gateways on the remote islands with links to GEOs to provide total world coverage? I suppose people sailing yachts around Easter Island and such remote places could use a direct link to a geostationary satellite as their communications channel rather than build a Globalstar gateway there which would have to transmit via Geo anyway. When there are 15 million subscribers on Globalstar, then it might be time to have a 10,000km orbit in operation. Iridium can fill in the gaps for three or four years, then Globalstar can take over. What a huge opportunity Globalstar now has with Iridium in huge trouble, ICO out, Odyssey out, Ellipso out. It's the only big LEO in town. Their market share is going to go from the proposed 15% to about 100%. The question is, 15% of 30m subscribers or 100% of 200,000? Time will tell. Maurice PS: It does seem silly to be "pushing the providers to ramp up production". I'd have thought a more normal approach is to pay them money for a particular delivery date. Since we have never seen any substantial orders for handsets, we have to assume there are none.