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

To: Rocket Scientist who wrote (11542)	4/6/2000 1:25:00 PM
From: DWB	Read Replies (1) \| Respond to of 29987

Today's movement tells me we were very oversold when we were below $12 in the last few days. I got all the shares I wanted, (with the last few being picked up yesterday at $12), and feel really good about my position. Of course, it could all turn around and run down into the single digits tomorrow, but as a long term position, I'm where I want to be now. I like the ongoing stream of good news that seems to be coming out, kind of like a groundswell... you almost don't notice it until you realize that the Gateways keep coming on line, the SP's are starting to market the service, and the sound/connection quality is reportedly top notch. Gradually, we'll co-opt the government and large corp. users who either were into Iridium and are still gun shy, or wanted to see if G* would collapse on it's own. The longer G* is up, running, and running well, the less fear there will be in signing up for service. My guess is you'll see alot of new users coming on line after the new fiscal year starts, which will give them enough time to feel comfortable with the operation of the system, and get $$$ allocated in their '01 budgets. My guess is that in 2-3 months, all the operational fears will be gone, and the stock will be flying. That's my story and I'm sticking to it. DWB Q2.5K/Y2K+5 G*?K/Y2K+2

To: Rocket Scientist who wrote (11542)	4/6/2000 4:41:00 PM
From: Rocket Scientist	Respond to of 29987

Everything According to Plan(?) Yesterday's Press Release says "[Scandinavian service brings] the total number of countries now within the Globalstar network to 34." On the one hand, this is lower than the 72 countries forecast for 3/31 in the January prospectus, and the 65 said at the GLP home web site to have G* service available by "April." Worse, there is no public listing of the exact 34 countries referenced in this PR, nor indication of which countries/gateways support interregional roaming. On the other hand it's easy to count 34 or even 50 countries within reach of known-to-be-operating GWs that have or will readily get licenses to operate. And it appears a low risk path to get at least 60 countries "in service" by the end of June. Compare this to Navarra's remarks at Geneva in October of last year: "Globalstar's President Anthony Navarra said he planned a full commercial launch in the first quarter of next year -- and insisted revenues would come on stream after mid 2000. ``By the time we get to the summer, we'll probably have around 40 or 50 countries in service,' he told Reuters in an interview. ``So as the service begins to roll out through the first and second quarters of 2000, so will the revenues. 'We'd hope to see about one million subscribers in the first quarter of 2001."" messages.yahoo.com So, although we're behind BLS' more optimistic forecasts, we're actually somewhat ahead of the plan foreseen by Navarra six months ago.