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

To: Maurice Winn who wrote (9145)	1/3/2000 1:54:00 AM
From: djane	Read Replies (1) \| Respond to of 29987

NYTimes. True Believers Push Satellite Telephones nytimes.com The satellite telephone business has two strikes against it, but that has not stopped some entrepreneurs and investors from betting that the next multibillion-dollar swing for the fences will indeed produce a home run. Now at bat: Globalstar Telecommunications, which is controlled by Loral Space and Communications. Globalstar is just starting to introduce its service -- a $3.3 billion system of 48 satellites designed to provide telephone calls nearly anywhere in the world. Last year, Iridium L.L.C., which has been offering a similar service, failed to attract nearly as many customers as it needed and was plunged into bankruptcy, forcing its main backer, Motorola , to write off $2.3 billion. Two weeks later, ICO Global Communications, another contender, which had not yet launched its satellites, filed for bankruptcy protection after failing to raise additional money from investors. Despite such setbacks, Globalstar's stock surged to a 52-week high last month. Many investors appear to be betting that Iridium failed because of its own design and marketing mistakes rather than a fundamental lack of demand for satellite telephones. Globalstar's chance of success should be evident in the coming months. But the biggest personal bet on satellite telephones is being made by Craig O. McCaw, the billionaire cellular telephone pioneer. In November, Mr. McCaw agreed to raise $1.2 billion to bring ICO out of bankruptcy. He is also reported to be looking at investing in or buying Iridium. And if those are not enough billion-dollar bets to sate his gambling appetite, he still has Teledesic, a proposed $10 billion system to provide Internet service using 288 satellites, starting around 2004. -- ANDREW POLLACK

To: Maurice Winn who wrote (9145)	1/3/2000 8:50:00 AM
From: Kunal Taravade	Respond to of 29987

Good Morning all: Pre market bid showing 50!! Maurice, that 450 might not be such a stretch after all!! Regards, Kunal

To: Maurice Winn who wrote (9145)	1/3/2000 9:56:00 AM
From: Boplicity	Respond to of 29987

No way was I implying that I was looking for that kind of gain out of GSTRF, when I made first buy in the 30s, I was looking for a double. I see that happening. Greg

To: Maurice Winn who wrote (9145)	1/3/2000 10:26:00 AM
From: David Wiggins	Read Replies (1) \| Respond to of 29987

Globalstar phones tough to get! (Credit to Yahoo board) by: dannysgrandad (56/M/somewhereonplanetearth) 1/3/2000 9:42 am EST Msg: 21149 of 21157 sevenseas.com is listed on globalstarusa.com as a seller of services and phones. I wrote to ask why there were no phones for sale on the site. The answer is below. Please note the commercial start date as supplied by them. Dear Jim, Unfortunately, we do not have any Globalstar phones in stock, and probably won't until mid-January. There are 'test' models available from some service providers, however, we do not have any test models available for distribution right now. Commercial service begins mid-February and we should have our phones in-stock by mid-January. We are expecting the Globalstar phones to cost $1,495 with airtime minutes costing $1.49 for domestic calls and $2.99 for international calls per minute. Please feel free to contact me if you have any further questions. Best Regards, Terry Daniels tdaniels@sevenseascom.com 800-566-9600 ext 116

To: Maurice Winn who wrote (9145)	1/3/2000 10:33:00 AM
From: David Wiggins	Read Replies (1) \| Respond to of 29987

Globalstar phones tough to get part II (personal experience) The other day when G* broke 40, I called a buddy who works for GTE in High Point, NC (Note: GTE,BEL,ATI,VOD) will merge US operations and BEL/GTE is already lined up as as US G* distributor - this all confirmed with my buddy) Guess what, same story. I can't get a phone right now. He'll call me when one is available - should be within a month. My take on all this...Some distibutors have them, others wish they had them... Regards, Dave

To: Maurice Winn who wrote (9145)	1/3/2000 11:36:00 PM
From: pz	Read Replies (1) \| Respond to of 29987

Maurice, A friend of mine mentioned GSTRF today, as I had never heard of it before. I was reading through the thread and saw your name. I remember you off of the old INCE thread, which is now a dead stock basically. I remember you playing QCOM 2 or 3 years ago and I think of you every time I see that stock. You must have made a killing on that one. Anyway, since you have proven that you know your stuff, I was just doing a little research into GSTRF and was wondering what advantage that they have over, say a co. like IRID? Thanks for any input, and great to "see" you again. Regards, Paul Zimmerman