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

To: David Wiggins who wrote (7638)	9/28/1999 3:50:00 PM
From: oconnellc	Respond to of 29987

I guess I will have to agree with David on this one. At least his sentiment, if not the exact way he put it. If G* was delayed because of the satellites, then why isn't everything else just sitting around waiting for birds to get put into orbit. Why didn't the soft launch occur on Aug 1 (or the date the last of the 32 sats were placed in the correct orbit)? That's all I want to know. There has been too much rationalization of things that should have us all outraged. Why are there so many intelligent people on this thread scouring the universe trying to find some information about our company (this is our company, remember. Not just B's), and failing. Our latest partner has no information about us on their web site. Why not? Does G* need to hire someone who knows how to program HTML? Sorry for the rant. I'm not upset at the falling price. I expected that. I am upset at our heroes in the home office taking our money and then asking us to go away and come back when they are through with it. Chris

To: David Wiggins who wrote (7638)	9/29/1999 4:26:00 AM
From: John Stichnoth	Read Replies (2) \| Respond to of 29987

I will, so that I can have the last word <g>, give one more opinion. I think that they were in fact ready to go with the 32 sat launch, but irid's collapse gave them pause. Specifically, there was apparently real disagreement between the Loral/G* people (on one side) and the service provider people (on the other) as to the need for handsets prior to the start of service. In a conference call (early summer?) one of the SP's representative (tesam's?) stated that they would not start service until the phones were ready. As irid went down, one of the reasons given for failure was the handset situation. Learning from their rival, G* essentially lost the battle with the SP's and delayed rollout until the handsets were in production. With qcom's announcement that phones are now available commercially, the last hurdle is removed from commercial startup of the system. By "losing the battle" with the SP's, G* may have improved its chances of winning the war. And, bowing to the SP's is a positive indication that G* recognizes that they are in the marketing phase now. Rollout vis-a-vis handset availability was a marketing issue rather than a technical one. The decision came down on the side of the marketers. That's good. (Of course, that should have been their decision in the first place. But, better the right decision late than never.) Best, JS