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

To: Shtirlitz who wrote (9192)	1/4/2000 8:39:00 PM
From: Lucky888	Read Replies (1) \| Respond to of 29987

GSTRF -- I was hoping GSTRF could do data tranmission and form some kinda of global internet backbone system... After my DD, If ound out that GSTRF currently does not support data and won't for a while.. Even if it does support data, the throughput will be EXTREMELY low. This company is DEAD, imo. L.

To: Shtirlitz who wrote (9192)	1/4/2000 8:40:00 PM
From: Peter Sherman	Read Replies (1) \| Respond to of 29987

i will try - how about all the boats in the world - all the fishing boats - pleasure boats - sail boats - any boat that goes more than 5 miles from land - how about the 80% of the world's people who have no access to phones of any kind - how about all the world's ambulances and emergency vehicles - how about all the private planes in the world -

To: Shtirlitz who wrote (9192)	1/4/2000 8:41:00 PM
From: Rocket Scientist	Read Replies (1) \| Respond to of 29987

<So why wouldn't G* face the same problems as I* ? > Shtirlitz, Iridium came to market with equipment and airtime prices 3X higher than Globalstar's, without distributors in many (most) parts of the world, with limited phones ready for use and those not working very well, and with impossible-for-anyone-to-meet revenue/subscriber covenants in their debt agreements. So the answer to your question is: G* price point is much lower than Iridium's was (yes, I know Irid is cheaper now, but the new prices were only offered at the brink of bankrupty, which it immediately thereafter crossed) The G* phones are already available in reasonable quantities (several 10's of Ks with 40K per month coming off three production lines) and by all accounts work reliably, are simple to use and have excellent voice quality. G* has distributors in most major markets, essentially blanketing the Western hemisphere, Europe, Australia, Russia and China with local Service Provider partners which have over 100M existing customers. G* needs about 500K subs for cash b/e, 1M for EPS b/e. A very small fraction of the 200+M cell phones sold last year, so I agree with you, it's a niche product. G's total capacity has been estimated as only 7M users. Finally, the covenants on revenues for G's debt don't kick in until 3/01, so there's adequate time to ramp up the market.

To: Shtirlitz who wrote (9192)	1/4/2000 8:56:00 PM
From: haler	Read Replies (2) \| Respond to of 29987

To see no difference means you have not done much DD. Just for starters, look into the following: -CDMA vs. TDMA Technology. -Bent pipe vs. "smart" satellite -Business plan using Existing Wireless providers as retailers/distrib. -Partnering with major Technology Companies and Wireless providers, (QCOM, ALCATEL, FRANCE TELCOM, VODAPHONE/AIRTOUCH, DAMLIER BENZ, ETC.) -Working with local telcos., not in competition with. -Longer satellite life. (7-10 yrs vs. 5 yrs) -Satellite reliability. (Besides the 12 G* lost due to launch dud, all G* satellites exceeding expectations, approximately 10-14 Iridium satellites had malfunctioned after being placed in orbit, requiring replacement) -Lower cost to provide service, (8 cents vs. $1.05 per min. cost) -10 Billion Minutes per yr. vs. 1 Billion available Minutes per yr. -Plan to provide service to the "last mile" in under served parts of the world were regular phone service is unavailable or impractical instead of JUST trying to appeal to the "Business Traveller" and Adventurer exclusively. This is based on Iridium's higher cost structure. -3 handset providers vs. just 2 Good luck!!!