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

To: Rocket Scientist who wrote (8609)	12/8/1999 3:39:00 PM
From: gdichaz	Read Replies (2) \| Respond to of 29987

RS: A breath of fresh air. Need some help though. Are these Qualcomm CDMA phones with analog and CDMA satellite as the three "modes"? List the 1600 but couldn't understand whether 3 mode or 2 mode. Isn't 3 mode the Q's phone, and 2 mode the GSM phone? Chaz

To: Rocket Scientist who wrote (8609)	12/8/1999 4:01:00 PM
From: Rocket Scientist	Respond to of 29987

BLS et.al. were at an analysts presentation yesterday, recording of presentation is at 888-203-1112 for domestic callers and 719-457-0820 for international calls. The confirmation code is #847257 for both calls and replay is good for one week. Orbital and Hughes were also there; G/Loral's is the second of three presentations. Highlights from my point of view: G positives: ready to start billed service in Canada 15Dec; In US, Airtouch has agreement with DoJ on license, working way through bureaucracy now; 400 h/s in friendly users' hands. Elsacom: 700 phone subscriber contracts already signed; 400 marine kits ordered as result of marketing at Genoa boat show; 150 phones in trial with military in Kosovo; France: 130 phones with vertical orgs, including utility and military; 1K h/s ordered to replace radios now in use by "RadioComm2000" (potential user of 10K h/s). Expect S. Africa license in January; expect 1500 phones to be sold in Brazil by year end with limited commercial billing. SP selected in India, can't disclose who. G* Negatives: All of first 16GWs not on line until end of 1Q2000 (though all 38 supposedly on line by y/e.) UTs by y/e 2000 not to exceed 650K. No mention of China... Mgmt spin: initial market reaction at high end of expectations; last week's 150M$ offering not because of imminent need, but to reduce risk, increase flexibility in coming months. Achievement of 90% call completion/95% call retention "good as it gets in phone industry." Phone production: 45-50K by y/e; 40K per month thereafter; mnfctrs can easily double this rate, but won't happen earlier than 3rd qrtr 2000. SS/L, FSS, Cyberstar; rehash of old material, mainly; announced SS/L informed would receive order for two new Intelsat 9's. Provided utilization rates on FSS sat's and typical xponder lease rates; indicated FSS market was firm in US, Europe and Latin America; soft but improving in Asia. Re: McCaw purchase of ICO or Irid. BLS views ICO as viable competitor, but G* expected competition, so no impact to BP; BLS doesn't see how McCaw or anyone else could rescue Iridium. My overall take: pleasant surprise at initial show of interest in GSM-saturated Europe. SPs seem to be doing the right things, at their own pace, maybe a little slower than investors would like, but with reasonable due dispatch.

To: Rocket Scientist who wrote (8609)	12/8/1999 6:09:00 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 29987

*Brazil* Rumour has it that roughly 1600 phones have been sold in Brazil. Right now the minutes are free, but the billing system is supposed to come on line in the next 2-3 weeks [right around Xmas]. So, it seems that things are indeed heating up a little. Globalstar [Loral/Qualcomm and contractors] did a great job of getting the system up and running, small glitches like Zenit and Long Term Capital Management world financial panic aside. That will add to the mythology in decades to come. All good fun! We had a LOT of fun that month! Now, at last, there are signs of life at the Service Providers. Yayyy!! Now we just need Ericy and Telit to come on line with the GSM versions. Maurice