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

To: Maurice Winn who wrote (8551)	12/4/1999 5:28:00 PM
From: UncleBeester	Read Replies (1) \| Respond to of 29987

Hi Quarice, I just want to share a few comments from the CDMA Americas Congress this past week. Craig Farrill, VP and CTO for Vodafone Airtouch, was part of a panel--as well as a presenter, who discussed the strategy and merit going forward of reducing the cost of running a wireless network. The ultimate goal is to reduce cost to approximately 4 cents per Megabit (I believe it was Megabit--i was recovering from jetlag and lack of sleep). Anyhow, he showed that with the marginal increases in revenue realized by adding various data services (personalized to each customer's requirements), along with upcoming bandwidth availability, that Vodafone/Airtouch was on track to be there in the near future. Durring the Q&A session, I asked Craig how the Globalstar piece of the puzzle fit into the overall strategy and scheme of his company, especially with regard to how cost sensitive their wireless strategy has become. His reply, first and foremost, was "Make no doubt about it, Globalstar is going to be successful". "It will play a major role in bridging the gap between Europe and North America " (or something to that extent). Also, something to the order of "it was going to be offered in Brazil, India.....". My main point, though, is that he stated, with conviction, that G would be successful. That said a lot IMHO. Now if G* were to fail and go into CH11, well, I guess I would never trust the word of a CTO again (unless, he was from, say, Qualcomm). I also had a conversation with a senior Qualcomm Exec. at the conference (I will not mention any names)who told me that Q* had the Globalstar phones and were ready to Rock n' Roll--They are just awaiting word. I didn't have time to pry into the quantity. I asked him for his thoughts on the negative sentament out there for MSS. He said the nervousness was just do to the failure of Iridiot and ICO. Lastly, one of the themes that all the operators had been preaching at the conference was the need to not set customer expectations too high. It is much, much better to set lower expectations, and then surpass those expectations, than to promise the world (Iridiot) and then to under-deliver. So, in spite of the lack of information (which I agree is a problem), I personally believe that all systems are a go, and we shareholders just need to continue to test our patience a little bit longer. We will know soon enough. Best regards, Jeff

To: Maurice Winn who wrote (8551)	12/4/1999 7:50:00 PM
From: alias	Read Replies (1) \| Respond to of 29987

If this new technology and service is marketed correctly there will be subscribers. This week a real estate broker friend of mine was concerned about going to Columbia SA for a month on business in a remote area and not having access to communications. Since G* not up and running I told her she might call Motorola/Iridium and see if she could work something out. She emailed Iridium and got a phone call from a rep in Chicago within an hour. She discussed her problem with him and he offered her an Iridium phone for $750 with 30 day money back guarantee if it didn't work for her on her trip. The phone was FedEx to her the next day and she worked with the rep over the phone to learn how to operate it. She and I drove up into the mountains surrounding our area and tried it out several times and it worked like a charm. She left on her trip Thursday. Today she called me from the Panama Canal and reception was clear as a bell. I asked her what the monthly service was setting her back and she said it was high as hell but definitely worth it...cost no object for someone whose work and personal life demanded guranteeded access to a phone. Anyway, the market is out there. If G* can implement their business plan and market the damn phones/service adequately then we should see some return on our stock.