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

To: Rocket Scientist who wrote (8071)	10/27/1999 8:03:00 PM
From: TMann	Read Replies (2) \| Respond to of 29987

Wow, looks like disappointment is starting to set in. After listening to the conference call, my other foot is starting to get cold. It is very evident that rollout and subscriber adds will take longer than BS projects, and profitability will lag too. THIS IS DEAD MONEY TILL AT LEAST 6/00. How low can it go? I hope to pick back up at 15. Yes I've been in Echo* since '96 and rode her down from 22 to 12; Since I had so few shares, I didn't lose sleep. Added more to the position early this year after Street and stock performance turned postive. Hope to play G* the same way, as I'm hopeful the market will be there, albeit much slower than rosey eyed, out of touch with the market BS believes. Good luck to all patient, faithfull, don't mind underperformance, G* believers. I'm in here with you, but shifted most of my sat $ to Echostar. STICK WITH CHARLIE ERGAN AND EXPERIENCE NEAR TERM ROCKET LIFTING PERFORMANCE!!.

To: Rocket Scientist who wrote (8071)	10/27/1999 10:48:00 PM
From: cfoe	Read Replies (1) \| Respond to of 29987

In latest (Oct '99) Red Herring (not yet available on line) is an interesting article by Geoffrey Moore on "Failure," how and why so many high tech firms fail. While it is not on the intellectual level of Christensen's Innovators' Dilemma, it is interesting (and Moore has sufficient credentials of his own to be taken seriously on the subject, plus he's a good writer). Of particular interest to investors in GSTRF is his third reason for failure: "The Tornado Dive." I quote: "And then, when [these companies] see it all coming together, they produce the tornado dive plan: to get first-mover advantage and win the tornado competition, we are going to launch the entire remainder fo the value chain in an all-out assault on the mass market." He then goes on to name three companies who in his view failed this way, 3DO, Go and IRIDIUM! He says that all three pursued a strategy of "an all-or-nothing bet that everything will come together at exactly the right time. In every case, an unproven hardware platform and a whole new generation of software had to rollout without a hitch, and a whole new value chain to support it had to show up - all on day one, all ready to go. This is simply a crazy level of risk, a genuine failure mode..." After reading this, I feel more confident in the wisdom of G's strategy of a "soft rollout." Also, I wonder if G has Moore consulting them?