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

To: tero kuittinen who wrote (9240)	1/5/2000 10:13:00 AM
From: Jeff Vayda	Respond to of 29987

Tero: Investing is all about predicting the future - getting in before the crowd. Does it make me somewhat annoyed that the milestones are slipping to the right? Yes it does, but with new technology these things happen. Even mature technology and processes suffer delays. Care to comment on any of your past Nokia CDMA phones will swamp Qualcomm's CDMA phones comments? Things change, sh*t happens. I for one prefer a management that can adjust to new opportunities rather than have a damn the torpedoes full steam ahead attitude. Globalstar was projected to be a better value than the competition. They are. So long as that remains the case, all of your points seem to be a bit off base to me. Remember Globalstar is a wholesaler. The Service Providers are the front line now. It is up to them the establish and produce from their internal markets. I think they will. Time will tell. Jeff Vayda

To: tero kuittinen who wrote (9240)	1/5/2000 10:52:00 AM
From: Jon Koplik	Read Replies (2) \| Respond to of 29987

Tero - how am I supposed to have time to read a "zillion" SI posts, watch CNBC, maybe do a bit of trading today, learn how to use my G* handset (and -- maybe call YOU), AND ... respond in detail to your comments ??? I'll have to try and do it later. (Short version -- Qualcomm was late on some key things that they had hoped for (or promised). So ... they were late. So what ?) Jon.

To: tero kuittinen who wrote (9240)	1/7/2000 12:38:00 AM
From: Jon Koplik	Read Replies (1) \| Respond to of 29987

Tero - here goes with my longer reply to your thoughts ... << It's not long since the whole Globalstar premise was to be considerably cheaper than Iridium.> G* is a lot cheaper than I* (on cost (to G) of producing the minutes, and cost to the end user of buying the minutes). <<Globalstar was also billed as a truly international service spanning the globe.>> Personally, I never heard this. I thought G was supposed to be : a phone that works when there is no landline, analog wireless, or digital wireless available where you happen to be. Once you have ANY phone that is functioning, you can call 10 miles away or 10,000 miles away, right ? <<Globalstar phones were advertised as highly advanced marvels of modern technology. What they're actually selling now is dualmode phones with separate numbers for satellite and terrestrial services.>> So the phones will briefly have two phone numbers (G* has already announced it will be converged to one number in a while) ... so what ? I do not think this is a reflection on G's lack of electrical engineering expertise, wireless technology, satellite technology, etc. -- I interpret it as a "back office" monthly billing paperwork hassle. "Who gets what (revenue) piece of which phone call ? Let's just have separate phone numbers until the software people in the billing department finally get it perfect." This does not diminish my "awe" when my G phone actually works (perfectly) in satellite mode. It is absolutely astounding to me. <<The launch slippage caused G to miss the transient Y2K boom for satellite phones - Iridium and Inmarsat mopped up that December spike.>> I do NOT believe that the business opportunity for G* has suffered meaningfully because they (G) missed the "big Y2K bonanza." This is a business which I am hoping becomes profoundly profitable over the next 5 to 10 years. Regarding a lot of the other things you said along the "line" of : <<Were the early launch dates realistic?>> I don't know ... Who cares ? If you think it is some big, huge deal -- start a shareholder class action lawsuit, claiming that G management defrauded us all by starting up the system in December instead of October. Will you also launch a lawsuit against Nokia management for refusing to use Qualcomm ASIC chips in Nokia CDMA handsets ? They (Nokia) should have known that Nokia would be late to join the worldwide boom in CDMA handset sales. Jon.