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

To: Jack Hartmann who wrote (10754)	3/11/2000 1:24:00 AM
From: Kellenberg	Read Replies (1) \| Respond to of 29987

<As soon as Iridium is done, another pops up.> Hello all. I'm a new investor in G* and like most of you getting hammered in the last few days. But the above statement will have me averaging down on Monday morning. Mr Hartmann's last post says to me that there are people out there with some pretty big bucks that feel that this type of technology is extremely worthwhile. I'm not a sophisticated investor, and I'm sure that those that are laying down these billions of dollars have a view of the coming technological landscape that is more clear and more broad than mine. But the fact that they are laying out this kind of money at all speaks volumes to what they think of the market's potential. Quite frankly, I'll take a company that already has the satellites in place and the phones in the sales channel.This just looks like a REALLY good buying opportunity. JMHO John

To: Jack Hartmann who wrote (10754)	3/11/2000 1:40:00 AM
From: lurqer	Respond to of 29987

due to launch on a Zenit 3-SL rocket another pops up Hmmmmmm. lurking... lurker

To: Jack Hartmann who wrote (10754)	3/11/2000 12:48:00 PM
From: A.L. Reagan	Read Replies (1) \| Respond to of 29987

Kellenberg: I'll take a company that already has the satellites in place and the phones in the sales channel. I think you have an abundance of basic common sense. It is pretty clear that there is a market for this service as confirmed by others. The only threatened competitor for the next two years is history. The G* system from all accounts is a technological tour de force. The question remaining, to quote another poster, is whether G* and the SP's can figure out how to market their way out of a wet paper bag. The market cap per subscriber in the SSB report is misleading based on 500K subscribers. If that's all we get, G* is toast. The more reasonable expectation is 1.5MM+ by the end of 2001 (if these guys find the opening to the paper bag!). $4K per POP given the margin structure and switching barriers is pretty damn cheap IMO. Agree with SSB on comment re: LOR vs. GSTRF which is why I bought 2x the LOR vs. G* on Friday. If rounded math is reasonably correct and you buy SSB's and others numbers, $12 LOR - $9 other LOR = $3 GSTRF ./. 45% = $6.67 implied price of G* through LOR (unless I'm mixing apples and oranges on o/s shares).