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

To: Rocket Scientist who wrote (10946)	3/18/2000 1:58:00 PM
From: tero kuittinen	Read Replies (3) \| Respond to of 29987

OK - so that's the other side of the story. I'm not sure that it's a plus if "a lot" of what the mgmt promised turns out to be true. That seems like a curious approach to holding a company accountable. I'd rather see "most" of what a company promises to actually take place... sometimes even two thirds! Maybe that's Old Economy thinking. It's true that the project must be an immense challenge. But doesn't that mean that projections should be prudent and conservative? Rather than shooting for the moon and then slowly scaling back expectations month by month? How do you assess what the management is saying now? Should you assume that "a lot" of what they're saying is actually true - how much would that be? 30%? 60%? Tero

To: Rocket Scientist who wrote (10946)	3/18/2000 7:42:00 PM
From: K_Meister	Respond to of 29987

Here is some anecdotal evidence from Canada. As some of you may recall, I had posted some two weeks ago about my disappointment with GSTRF's dealers in Toronto. Specifically, the fact that no one had a working demo phone. I had also stated that in response to my complaint to the GSTRF Canada (toll free number available at Canadian website), the "supervisor" had offered to track down a dealer with a working phone. I have since then not only received a call from such a dealer with a working demo, the person has been to my office in downtown Toronto, and get this - called me again last Friday to offer a working demo phone over the weekend to test the call quality! I did indeed take her up on the offer and have been using the phone over the weekend. (Note that GSTRF and/or the dealer is paying for the minutes of the demo phone. Also, the dealer did NOT put a cap on the amount of satellite minutes I could use over the weekend. She did, however, request that I should TRY to use about 30 minutes.) My take away is that GSTRF management is committed to making the service a success by being responsive to customer needs and concerns. If not, there was simply no reason for them to be so courteous to me, especially since I introduced myself simply as a prospective customer. Maybe, management's efforts will bear fruit. I guess we'll get some idea when Q2 results are announced. KMeister