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

To: Serendipity who wrote (8067)	10/27/1999 5:11:00 PM
From: cfoe	Respond to of 29987

<What bothers me is that BS always points a finger at...> What would you expect from a friend of Bill's (Clinton of course), honesty and straightforwardness? I bought this stock because of George Gilder and Irwin Jacobs/Qualcomm. Bernie should take some lessons from them about straight talk. He is doing this stock a disservice. IMHO.

To: Serendipity who wrote (8067)	10/27/1999 5:57:00 PM
From: Rocket Scientist	Read Replies (2) \| Respond to of 29987

Pooky, I think you misconstrue Mr. S' postion: <What bothers me is that BS always points a finger at either the manufacturers or the regulatory issues or Iridium's failure etc.> BLS is not pointing fingers because (he says) everything is going great. I took verbatim notes on this part of the cc: he said "G* is in great shape; could not be in better condition;" Loral has "absolute confidence." You, I or the market are free to disagree with that assessment, of course, but I never heard him complain or "point fingers" at anyone. Personally, I think most of the dissatisfaction expressed here lately results from comparing the damn good to the perfect, and preferring the latter. <What bothers me is that BS never talks about how the service would have been delayed even if the 8 satellite had not crashed to earth last year> It was 12 satellites, of course, and there's no reason to believe this is true at all. IMO, it's virtually certain that GWs and user terminal expenses were minimized post-Zenit, until such time as they had 32-36 sat's up and operating. If the three Zenits had succceeded on schedule, I don't doubt the GWs and UTs could have been ready fir roll out in the first half of 99, in accordance with the pre-Zenit plan. <What bothers me is that BS never gets into specifics about who has ordered how many phones?> OK, this one bothers me a bit, too, but compare the level of detail G* has disclosed with IRID/Mot. To this day, I believe there is no public information about how many phones Mot and Kyocera actually built, or at what price.