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

To: Valueman who wrote (11277)	3/27/2000 9:34:00 AM
From: Goodboy	Read Replies (2) \| Respond to of 29986

Although I am sympathetic to the plight of long term bulls, I am hopeful that the current downturn in the stock will create a big buying opportunity at lower levels. If the stock were to drop into the $10 to $14 zone, I think it would make sense to begin to step in. Single digits would be a no brainer. I have never been interested in purchasing this stock above the low teens. If it were to drop there or lower, I would be a buyer. I remain concerned that after all the media attention, all the anlayst reports and all the visable mistakes that Iriidium made, that Globalstar has flubbed the initial PR effort, marketing blitz and pricing. They should have come out aggressively with thier pricing to get the demand and momentum. They should have focused their ads on a market segment that could and would use the phones to drive per minute revs. The current price cuts look and smell like Iridium to the media and public, except they are reacting faster. Innovation, creativity and marketing savvy are needed to make this company a success, regardless of who your target market is and where they are located. Globalstar had so much time and so many free lessons at the expense of Iridium, it is hard to beleive they could not have done this all better. However, the economics, technology and usefullness of this service to dozens of industries, governments and thousands of individuals is very clear in my mind. The only thing that can kill Globalstar is Globalstar's management and game plan. They have blown their opportunity to come out swinging. I would love to see some new blood come on board this company as they focus on both voice and data services. The old school sat boys are just not good at marketing and positioning this type of product or service to hit a large, global and diverse market. Globalstar's goof is giving investors, like myself, a chance to buy in at levels approaching the Zenit disaster a full 14 plus months later. That is bad news for the long term holders, but a great opportunity for those who have been watching from the sidelines. The obituary writers are way premature here. There are far more options and far more opportunities with this system than with Iridium. Iridium was doomed from their first launch. Globalstar will succeed. It is the level of reward to investors that is the issue. I think that level will be determined by how much lower this stock could go. I would love to see single digits as the Iridium II label gets promoted further. Whatever happens on the negative side, it will be an interim downturn and I expect the system to succeed and investors who bought in the low teens or lower to be well rewarded. I will be looking for some new management hires to be a confidence builder if the current market view continues. Good luck.

To: Valueman who wrote (11277)	3/27/2000 12:00:00 PM
From: Jack Hartmann	Read Replies (1) \| Respond to of 29986

Valueman, most negative analyst summary so far. Would like to see a rebuttal by G*. Jack

To: Valueman who wrote (11277)	3/27/2000 2:02:00 PM
From: idler	Respond to of 29986

<we have cut our projections on mobile subscribers also by 40% to 1.250 million ...> If G* ever really gets 1.250 million subscribers, the stock will already have rocketed by that time. This is because the fundamental uncertainty regarding G* is really whether a sufficient market exists. If there are 1.250 million subscribers that question should be put to rest. As to talk times and various other fixable technical problems, these will eventually go away and if the basic business model is sound, these analysts will all be proven wrong. JMHO. -- idler.

To: Valueman who wrote (11277)	3/27/2000 2:16:00 PM
From: Rocket Scientist	Respond to of 29986

The INGB report didn't provide much new info, other than that they're changing their mind. The only "news," is that they "estimate" that SPs have only ordered 1K "fixed site units." Not clear how the "estimate" that or if the "fixed site units" are just Schlumberger phone booths or include Qualcomm. We know from Q that it shipped 4K fixed phones by y/e 99 and can build 1k per month (with stated ability to increase to 3K per month.) Considering the pace of the rollout in China, Southern Africa and the mid East, it doesn't surprise me that orders haven't flowed in too fast from there. That leaves Latin America as the best market for such units....I suspect most fixed terminals (for communal, village use, anyway) will come as result of government actions, which are notoriously slow, anyway. As for the Puerto Rico GW, it's a mystery to me why one is needed there at all given GWs in Venezuela, Nicaragua and Mexico. If it's really scheduled for September, I believe it's because it started late and has anyway to wait for GWs ahead of it in line to be finished...in Brazil, China, Russia, Australia, and mid East, which are also important markets.