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

To: biostruggle who wrote (11806)	4/19/2000 2:37:00 PM
From: Rocket Scientist	Read Replies (1) \| Respond to of 29987

We know from G*'s SEC filings that as of 12/31/99 it had shipped 36K mobile phones and 4K fixed. Of these, Q has said that 29K mobile and 4K fixed were from Q. Q shipped an additional 11K in Q1 (unfortunately, it wasn't disclosed how many fixed vs mobile) Anyway, there were at least 51K total phones in the pipeline by end of Q1, plus whatever units E and T shipped. If E&T met the "plan" put forth by BLS in the Jan/Feb cc's they'd have shipped 30K units between them. Probably, E phones were shipped very late in the quarter as you suggest. (I'm not sure, but believe E phones could have been used in China, for example, even without ETSI type approval) T's production during the quarter was probably about 10K (they were supposed to do 3.5K in March, per the last cc, and were "on schedule") I'm guessing the phones shipped as of end of Q1 might be 70-80K, of which maybe 50K were actually at a point of sale by end of February (a lot of those being dealer's samples, etc.) But given the limited territories up and marketing in Q1 (basically 1/3 of Brazil for three months, and N.America for one month plus obscure regions like China, Argentina and S.Korea) I agree that 20K subs by end of Q would be pretty lucky. The constraint is not really phone availability, imo, but the late and slow rollout of service relative to what we were led to expect, say, last September.