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

To: David Wiggins who wrote (9988)	2/8/2000 5:06:00 PM
From: Rocket Scientist	Read Replies (1) \| Respond to of 29987

David, I've got to disagree with a couple of your points. Re: the pricing of the secondary and subsequent price action....six months or a year from now is what matters, not today or yesterday. I bought at the original IPO of 20 (5 adjusted for splits). The stock promptly went to 11 thereafter. How many people remember that? GSTRF, over it's life, has been pretty good to shareholders. I don't hold mgmt responsible for short term moves in the stock...they have enough to worry about managing the business (about which job, they've earned some criticism, for sure) As for the subscriber forecast/handset production...I suppose mgmt's party line is that 550K handsets should be in users hands by year end (50K less than the number actually manufactured, in accordance with the cc guidance.) Clearly, that number is soft, but, imo, handsets are not the issue, Gateways and corresponding points of sales presence are the issue. Regards, RS PS. Hey,how about that launch anyway?

To: David Wiggins who wrote (9988)	2/9/2000 12:44:00 AM
From: Maurice Winn	Read Replies (2) \| Respond to of 29987

10001 posts on a space odyssey! Hang on, subscriber numbers were disclosed as being between 2000 and 3000 BEFORE the shares were issued I believe. No, of course I didn't KNOW the market would turn down, though I've been insisting it would since June99 and it STILL has not done as instructed. [I mean the overall market, which of course would carry Globalstar down too]. I don't think Globalstar will need more money. Anyway, there are plenty more people, including me, who would buy more shares if the company needs more money. On a higher level, me too. I don't think Globalstar [or Qualcomm] are dishonest companies. Globalstar is secretive. They both have indulged wishful thinking. But that's okay and for investors to figure out. I think you can be proud of Globalstar and the people there. Sure, they have a similar number of warts as the rest of us, but they've done a good job overall. There is just a bit of marketing performance lacking at the moment. Globalstar will be great once they get this initial marketing mess sorted out. Wait a year or two! Maurice [happy to score post number 10001 = the new beginning] PS: Golf is a stupid game! But stupid games don't get to spoil a good day...