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

To: David Wiggins who wrote (8634)	12/10/1999 5:16:00 PM
From: Serendipity	Respond to of 29987

Bernard's secret India Plan... Although Mr. Schwartz has apparently said in his conference call that a service provider for India has been selected, the reality is that his representatives at the Comms India are telling us that a SP has not been selected and they are still looking for a service provider. Who is speaking the truth?? Is the rest of the organization as badly coordinated?

To: David Wiggins who wrote (8634)	12/10/1999 6:21:00 PM
From: Rocket Scientist	Read Replies (1) \| Respond to of 29987

This Gateway situation is getting curiouser and curiouser. Three days ago, BLS said that sixteen GWs would be installed by the end of 1Q2000. This represented as much as a three month slip from the 9/99 investors conference brief that showed 16 GWs by the end of this year. Today's release, if the reporter got it right, says G* expects only 14 GWs by May2000? The first 16 GWs were identified as 1. Clifton, (between Dallas and Austin Texas, USA) AirTouch 2. Smith Falls, (Ontario,Canada) Cancom/AirTouch/Loral 3. Aussaguel, (France) TESAM, Note 1 4. Bosque Allegre (central Argentina, near Corduba), TESAM, 5. Yeoju (S. Korea), DACOM, 6. Delareyville (S. Africa), Vodafone 7. Presidente Prudente, (Brazil) Globalstar do Brazil 8. Beijing, (China) China Telecom 9. Avezanno (Italy), Elsacom 10. High River (near Calgary, Alberta, CanadaCancom/AirTouch/Loral 11. Karkila, (Finland) Elsacom 12. Puebla, (Mexico) JV of AirTouch/Loral/TelAutrey 13. Lurin (Peru), TESAM 14. Managua, (Nicaragua) Globalstar Americas 15. Moscow, (Russia) Globaltel (JV of Globalstar and Ros Telcom) 16. Novisibersk, (Russia) Globaltel In addition to those sixteen, by May we should have expected to see at least the following: two more GWs in Brazil, one in Saudi Arabia, plus three in Australia, for a total of 22, according to rather recent information. If fourteen is correct, it's a real setback, somewhere in the world, but it's difficult to figure out where, exactly.

To: David Wiggins who wrote (8634)	12/10/1999 6:46:00 PM
From: djane	Read Replies (2) \| Respond to of 29987

Hope everyone is doing well. Found this snippet the other day from the 12/6 Fortune, p.118. Guess I should call it "Prince Alwaleed disses Globalstar" pathfinder.com Excerpts: Not that the prince hasn't had issues with Motorola. They come up when I ask him about his 15% stake in Teledesic (Craig McCaw's ambitious wireless network based on a series of satellites), which he bought for $200 million and which is now worth $300 million. "Teledesic is feeling the hurt right now because of problems with Iridium and Globalstar, which I was offered to invest in and didn't, thank God. Teledesic is fundamentally different because it is broadband, the Internet in the sky. And because it is voice and data and possibly video. It is well financed, no leverage, and is backed by incredible people. Now, frankly speaking, this may not make those people happy over at Motorola, but Motorola was one of the causes of the collapse of Iridium. They made a lot of money by selling technology to this company. They were milking it completely. And I told [Motorola CEO Chris] Galvin that, when he came to see me last week." Besides building pay-phone networks in Syria and Saudi Arabia, Silki La Silki is also working on a satellite network that will blanket 99 countries in the Middle East and Africa. But the really exciting piece of this company could be Arabia Online (go to arabia.com), an Arab portal. Through Silki La Silki, the prince recently bought 50% of this business, which is run by Ramzi Zeine, a Jordanian out of Amman, for $1.2 million. (That's million.)