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

To: Rocket Scientist who wrote (8714)	12/17/1999 3:44:00 PM
From: Jim Parkinson	Read Replies (1) \| Respond to of 29987

Thanks RS. Great summary. They also mentioned something about TESAM moving 10,000 subscribers of something over to G* in early 2,000. I didn't quite follow what that was. Did you? I also thought BS and Tony were much more prepared and positive than they were in the Nov call. I thought it was interesting at the front end when BS said he would keep everyone more up to date good or bad re: progress "...as you all have requested." I guess he is getting the message that silence is not golden. Very good call I thought.

To: Rocket Scientist who wrote (8714)	12/17/1999 3:58:00 PM
From: Rocket Scientist	Respond to of 29987

G* PR regarding Canadian start of service: globalstar.com GLOBALSTAR CANADA'S TESTING TRIALS DECLARED A SUCCESS Limited customer service begins in Canada MISSISSAUGA, ON, Dec. 16 /CNW/ - Enthusiastic feedback from prospective customers and dealers has confirmed that Globalstar Canada, a satellite-based telecommunications system, is now ready to launch limited customer service. "Our trial customers are responding extremely positively, frequently commenting on the reliability of the service and the excellence of Globalstar 's voice and performance quality," said Peter White, general manager of Globalstar Canada. "We are extremely pleased with the feedback and consequently feel ready to introduce limited customer service this week." Globalstar Canada asked 200 potential customers, dealers and service providers in Canada to test the company's mobile and fixed service and provide feedback. The phased launch is giving Globalstar the opportunity to make final adjustments to the marketing, distribution and customer care systems before introducing full commercial service in early 2000. "I've used other satellite systems and never had this level of voice clarity before," said Eric Kannen, president of Spectrum 2000 Group. "The voice clarity of the Globalstar service was comparable to that of high quality cellular network with no voice delay -- it was like I was on a cell phone. I was also impressed by the light weight and cellular-like size of the handset." Globalstar 's technology ensures that each satellite call is handled by more than one satellite at a time, so that if a caller loses contact with one satellite, the call is routed to another satellite and the call is not interrupted. "The ability to make both satellite and cellular calls over a Globalstar phone is a very valuable feature," said Charles Rees, president of Town and Country Cellular Group. "For my customers, the Globalstar service ensures guaranteed access to communications at the most economical level -- they don't want to pay for a satellite call if cellular service is available." The anticipated customer base includes people in the oil and gas, mining, forestry and transportation industries or disaster relief organizations and business travelers who are frequently located outside telecom-serviced areas. "We believe there is a great opportunity to provide convenient and reliable communication to parts of the country where the challenging terrain makes land-based telecommunications difficult if not impossible," said Kannen. "Satellite service from Globalstar will mean people in the natural resource sector and other remote workers will no longer have to leave their work site to use a cellular or pay phone." Globalstar combines satellite technology and local telephone systems to provide sophisticated, yet affordable telephone services almost anywhere in the world. While this technology makes maintenance and upgrades easy, fast and less expensive than that of other satellite systems, many trial customers were attracted to having a phone with either 613 or 403 Canadian area codes, eliminating the hassle of calling internationally for domestic calls as required by competitive services. The Globalstar system features 48-satellite low-earth orbiting (LEO) constellation and 38 land-based gateways -- two of which are in Canada, located in Smiths Falls, Ontario and High River, Alberta. In December, limited customer service will be available from the Smiths Falls gateway to customers from Manitoba to Newfoundland, with 49 dealers distributing the Globalstar satellite phone. The western provinces will receive service when the High River gateway is completed in January. "Globalstar's network of worldwide partners with existing telecom infrastructure has enabled us to build a robust network at a lower cost than competing systems, resulting in a more efficient system and more affordable services for our customers," said White. "Everyone who tried our phones has been impressed with our system. We are really looking forward to full service launch in the new year." Globalstar Canada is a partnership of Canadian Satellite Communications (Cancom), Loral Space & Communications and Vodafone Airtouch Plc. Globalstar Canada will be supplying Globalstar services to Canadian and worldwide subscribers through earth station gateways located in Smiths Falls, Ontario and High River, Alberta. For more information, visit Globalstar 's web site at www.globalstar.ca. Globalstar, led by founding partner Loral Space & Communications, is a partnership of the world's leading telecommunications service providers and equipment manufacturers. Globalstar partners include co-founder Qualcomm, along with Alenia Aerospazio (a Finmeccanica company), DaimlerChrysler Aerospace, and Hyundai. For more information, visit Globalstar 's web site at www.globalstar.com.

To: Rocket Scientist who wrote (8714)	6/5/2000 11:44:00 PM
From: MarkR37	Respond to of 29987

Here is Rocket Scientist's notes on Last December Conference call. Lot's of broken promises from our fearless/clueless leader: <<Conference Call notes Forward looking statements caveat.... Agreement with major SPs to prepurchase 25M$ worth of mobile minutes for 19M$ (to be recorded as revenues in Q1Y2K); 50M minutes of use pre sold at 25% discount. Already started talking with Bell Atlantic; may start service through BeAtl as early as Q1Y2K 15 GWs installed and operating of which 9 are in service now (most pre-commercial, however) 1. Avezanno (Italy) 2. Presidente Prudente, (Brazil) 3. Aussaguel, (France) 4. Clifton, (between Dallas and Austin Texas, USA) 5. Smith Falls, (Ontario,Canada) 6. Beijing, (China) 7. Bosque Allegre (central Argentina, near Corduba) 8. Yeoju (S. Korea) 9. Delareyville (S. Africa) 10. High River (near Calgary, Alberta, Canada) 11. San Martin, (Mexico) 12. Karkila, (Finland) Elsacom 13. Managua, (Nicaragua) Globalstar Americas 14. Moscow, (Russia) 15. Dubbo (New South Wales, Australia) Additional 11 undergoing installation; expect 26 in operation by end of Q2 52K phones manufactured by y/e 99; 40K will be shipped Ericson "type approval" was delayed; OK now "lawful intercept" issue with DoJ, DoD, FCC in US settled, except for signing formalities; confident will be signed off by end of year "Universal Pricing Structure: not to exceed USD 1.50/minute regional calls; 2.99/minute international/roaming(?) After the 150M$ convertible offering, G* has 500M$ cash and available credit as of y/e (300M$ cash; 200M$ credit) In US, G* phones will have two numbers; one for sat access, one for conventional cellular; s/w upgrades in work now to make it so there's a single number; anticipate by 3rd quarter 2000 G* Canada started commercial service 12/15; has 14 distributors/dealers Mexico: Rollout in Feb; Billable service in March 1000 phones in country now; two distributors Brazil: first bills being printed now (for 100 subs); 4K phones in country now; 7K by end of December; 14 distributors with 70 "points of presence" plus sub resellers totalling 1100 outlets (!) Italy: 1000 Telit phones on hand; 700 subscriber contracts signed; additional 2K phones by end of year; 400 Marine kits ordered for installation next quarter; Maring operators in Italy anticpate prepaid contracts for up to 1M MoU for cruise ships Germany: start commercial service 15 January; 100-1000 phones pre staged for delivery there Phones in use by Italian peacekeepers in Kosovo; TESAM Opening ceremony in Louvre 8December. 1Feb commercial start; 1200 phones in place by y/e; expect 3000 phones by end of January Argentina: Soft rolloout 15January; full commercial launch 1 February Venezuela-starting test calls now Peru-Start in March Beijing- Full commercial launch 1 February; 10K phones to be ordered by China Telecom this month Two additional GWs on line in 2nd and 3rd quarter Korea start of service January Russia: Operating license by year end; 15 Feb soft launch; 1 March commercial from Moscow GW; Novisibersk and Khaborovsk GWS on line in April and June, respectively India: Has an SP; can't name because of nondisclosure agreement; hopes to announce in Q2, have on line by end of Y2K. Phone production; expect 200K shipped by end of Q1; 300K by end of Q2 Additional production contract announcement not until March/April Vendor financing agreement with Qualcomm in place except for small details Billable service on line in 10 countries by 1 February Billable service on line in 29 countries by 1 March Expect 600-650K phones manufactured by y/e 2000; 550-600K in users hands; Consistent with phone production constraint, forecasting 300M$ in Revenue in Y2K>>