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

To: Mr. Adrenaline who wrote (10228)	2/23/2000 12:17:00 PM
From: Rocket Scientist	Respond to of 29987

Was there a cc or analysts' presentation today? Two posts on the Yahoo G* thread follow that have a ring of truth to them but the poster has not track record by which to judge his credibility..... Update by: KimoKane 2/23/00 11:04 am Msg: 27450 of 27459 phone production in 2000 targeted at 557,000 on the following schedule: 19.8 total in Jan & Feb, 22.5 in Mar, 35.6 in Apr. 39 in May, 46 in June and a 60,000 rate beginning in the 3Q. Ericsson not able to meet early production requirements so Qualcomm and Telit making up the difference but hitting production is back loaded now. This is done without a 2nd production line at Erisccson. There are 10 gatweways in commercial service by year end there will be 27-32 gateways. Most in place in first half of year, 5 to 7 in the back half. Vodaphone will start advertising camapaign in about a week. Customers that roam around the world not a major market but the ability to use phones in U.S., Europe, Latin America etc. will be available in about 3 weeks. It is not a phone issue, it is a software issue. Early indications are that the early adopters will be commercial, not consumer users. Maritime major focus of vertical markets targeting 15,000 vessels and also hundreds of cruise ships. Also, many day sailors-e.g. fishermen plan on using car kits for daily maritime use then they can take the phone in the car. Vertical markets are an early emphasis. One example, large agricultural interests in Brazil using the phones to direct fertilizer and water application and what markets to sell to. The U.S. government should be placing an order in the 2nd quarter for military. The initial order is likely to be small. The thought would be that the order may be a platform for future orders. The company knows the traffic in minutes but they do not know what the service provider is billing out. There is a lot of traffic, but some of it is test, some soft rollout, some actual users. Traffic volume is not the issue, but until the service providers provide the billable minutes info, the info will not be available. I have tried to pass on facts or what the company is representing and have tried to keep this message free of interpretation. I hope some of you find this of use Further update by: KimoKane 2/23/00 12:04 pm Msg: 27458 of 27459 One additional piece of information provided by the company's top management to the investment community this a.m. is that the original model is built on a model of 100 minutes for mobile business and 200 minutes for fixed business. These were educated guesses. The average is still assumed to be 160 minutes. If anyone has another number they are just guessing. However, management now thinks the 200 minute usage for fixed usage is conservative and may be so by a 5x's to 6x's margin-at least in some markets. The accuracy of the mobile estimate is more difficult to pin down. It may vary widely from country to country. From what they see so far they think the 100 minute mark will be hit but there is more confidence that the fixed estimate in the model will be met. Fixed volume will start coming in meaningful numbers in the 3rd quarter as it takes longer to get the phones in service than for mobile phones. That's all folks, now back to my day job. By the way no personal or professional investment in Globalstar but am involved in investing, but am not a Tech guy.