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

To: Jim Parkinson who wrote (7320)	9/10/1999 5:24:00 PM
From: mmeggs	Respond to of 29987

To: Jim Parkinson who wrote (7320)	9/10/1999 5:25:00 PM
From: mmeggs	Read Replies (1) \| Respond to of 29987

Excerpt from CSFB report: "Globalstar's current capacity plans assume the emergence of other competitors, such as ICO , who have been allocated spectrum within the same band as Globalstar. But if no competition emerges, Globalstar believes this could expand its capacity by 20-25%. Globalstar also foresees capacity gains through technical enhancements to the system. Additionally, it was noted that Globalstar phones can operate in the spectrum currently being used by Iridium, in the event Globalstar could somehow gain access to this spectrum. The Gateways Globalstar's plans call for nine operational gateways by the commercial service launch located in Canada, Italy, Argentina, Korea, South Africa, the United States, France, China and Brazil. These gateways will cover approximately 30 countries. In total, 38 gateways have been manufactured and shipped. Of these, six are in the commissioning and testing phase, five are in the installation phase..." Sounds like your source had good info. Sorry that I can't post the full report. It goes into more detail than the ML report, and generally has a bullish tone. Have a great weekend everyone. mmeggs