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

To: TigerPaw who wrote (9337)	1/7/2000 12:39:00 AM
From: Red Heeler	Read Replies (2) \| Respond to of 29987

GSTRF mentioned in Wall Street City article. (entire article can be found at www.wallstreetcity.com) Stocks in Focus Jan 6 2000 3:15PM CST Archives... The WallStreetCity Aggressive Ten for 2000 by Blair G. Jeffery, Margaret Medina, Don Diaz, Charles Rotblut, Chris Connor, Gardner Landry, Fred Rendon & Theo Spradlin The Wall Street City Aggressive Ten is a portfolio of ascendant stocks that are expected to outperform the broader market averages over the course of 2000. These securities were selected by group consensus among the entire team of Wall Street City analysts and editors on the basis of business models, underlying fundamentals, and technical strength. In general, all of the stocks listed below represent companies that are either current market leaders or are positioned to capitalize on rapid growth in specific sector niches. The portfolio was constructed with an investment horizon of twelve months and does not involve the use of options or other hedging instruments. Although diversification was considered, it was not a determining factor as the goal of this portfolio is to provide investors with a list of outstanding investment candidates that warrant further research. Company Ticker Price* Comment Brocade BRCD 177 The leading SAN company in the world RSA Security RSAS 77-1/2 Secure data transmission key focus for RSA Security Valence Technology VLNC 19 Top beneficiary of the need for cell phone batteries Global Crossing GBLX 50 10,000 leagues under the sea and loving it. Qualcomm QCOM 176-1/8 Qualcomm reigns with CDMA technology Network Appliance NTAP 83-1/16 Faster network access creates needs for company's products. Silicon Storage Tech SSTI 41-1/4 The memory maker of choice for wireless products Puma Technology PUMA 130-5/8 Leading developer of products for the new era of wireless interconnectivity California Amplifier CAMP 26-5/16 The up and coming microwave technology company Globalstar Telecom GSTRF 44 Mobile communications service anywhere in the world. *Prices as of 12/31/99 Globalstar {GSTRF} Imagine being able to make a call from anywhere in the world, be it in the middle of the Caribbean or the Australian Outback, for about about a $1.00 a minute. This is the premise that Globalstar Telecommunications Limited {GSTRF} offers. The Bermuda based company is the acting general partner of and holds a 38.4 percent ownership interest in GlobalStar, L.P. ("Globalstar). (Loral Space & Communications Ltd., a limited partnership co-owned by subsidiaries of Lockheed Martin and Qualcomm, is the managing general partner with a 43 percent partner interest). Globalstar is a wireless communications provider that will offer telephone or data transmission service to any location in the world (with the exception of the artic regions and certain areas in the middle of the oceans) when its network is becomes fully operational next year (actual commercial service to paying customers recently began in Canada and Brazil). What separates Globalstar from the bankrupt Iridium is that Globalstar's network is based on 48 low-earth-orbiting (LEO) satellites instead of the geosynchronous earth orbit (GEO) satellites on which Iridium had relied. LEO satellites offer a distinct advantage in terms of both cost and performance because their lower orbits place them closer together, reducing the number of satellites needed to complete the network, and because they use "smart" telephones rather than relying on expensive onboard processing. Although the Globalstar premise fulfills a definite need - there are vast areas throughout the world, including in the United States, that will never be served by any other form of high-speed communications service - the company has just begun to generate revenues and profitability is not expected until later this year, at the earliest. Investing in GSTRF, therefore, involves a high amount of risk; however, it is the opinion of Wall Street City that shareholders will be well compensated for this risk once the system is fully operational and profits begin to be realized. CC