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

To: brian h who wrote (9542)	1/14/2000 5:31:00 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 29987

<...A number of Globalstar service providers recently agreed in principle to make advance purchases of approximately 50 million minutes of Globalstar airtime. We expect these purchases to result in $19 million of revenues in 2000, after giving effect to a 25% promotional discount.> Yawn!! 50m minutes out of 10bn minutes now available is about 0.5% of the total available. Not even 1%!! Still no minute graph anywhere, nearly half a year into the commercial launch. We have now had September, October, November, December and January. This is a very safe and slow rollout. There will be few customer complaints [and few minutes used]. Service was [in July] going to start in 3Q with a 32 satellite 'as available' service. Then, at Telecom99, it was going to start as of then for soft launch and 15 November for hard launch. The attention to not having any customer complaints was fine, except that Jim didn't get his phone [which they sent to the wrong place] and 'Dealer' was told their phone would work where it in fact wouldn't [probably the saleman looked at the 'Coverage Map' and concluded it would be okay]. So far, we have about 5 handsets sold and 2 unhappy customers [in SI]. Nobody is using many minutes [because they are too expensive to gossip with]. This is NOT Feral Marketing. This is NOT Cat's Eyes [TM] marketing. I heard through the grapevine that a day or two ago, a couple of satellites finally got into position and that filled a hole so the rate of call completion and dropped calls would drop significantly. The financing statement says that all 48 satellites are in position and humming along. Yet I was under the impression that it would take some weeks to migrate satellites to their final locations and the last launch was unbelievably quick to get into position. Maybe the financing statement just meant that all 48 are in the sky and do function and are providing service. It's probably just that they aren't in the right place which means coverage is not yet optimal. Maybe Service Providers are leaning on that as an excuse to delay service? No wonder the stock is sagging in the midst of a world record Dow. Another plan to avoid customer complaints would be to delay service until 2001. That way salesman training could be completed and all little wrinkles could be ironed out. No 'subscribers connected' report. No 'minutes used' report. January is nearly finished!! Is somebody wanting to hide something? Maurice

To: brian h who wrote (9542)	1/14/2000 5:41:00 PM
From: Jim Parkinson	Respond to of 29987

Ok, I am a subscriber. The stock should move up at least back to 45 thanks to me. After all, I have already made 3 calls for a total of 11 min 43 sec so that is 5.64 to G* assuming they round up to the nearest minute. I had to get another cell # because you can't have the same number on two different handsets. So I now have two cell phones and two numbers - a minor inconvenience. My local AirTouch rep who I had to call to get the new # was very interested in the G* service. He wants me to come out next week and show him the phone. He says they won't give him one yet but he was well aware of the service and was excited about AirTouch being involved. I asked him if he thought he would sell the service in our area and he thought he would be signing up some users. We have a large HP division here which is one of his accounts. He thinks many there will want a phone. I hope he is right. Seriously, the call quality is very good. I called my wife and spoke with her for 5 min and she had no idea I was on sat mode. In fact she assumed I was in my office. I am going skiing this weekend and will make a few calls from various spots. I may be checking in here over the weekend so anyone wants a test drive, pm me and suggest your best time to call you although this may have to wait until next week. The skiing is great in Sun Valley so the phone may have to wait. Hope everyone has a great weekend!