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

To: limtex who wrote (12271)	5/6/2000 7:28:00 PM
From: Veiko Herne	Read Replies (2) \| Respond to of 29986

Thanks. I'm also 100% sure, that G* will survive. It has been very interesting to read all those posts here. Seems, that the G* real launch and marketing will start soon. I agree about the pricing plans. It's odd, that Estonia is in 2 level and Finland in 1 level, even operated by same gateway. GMPCS seems to be doing good job for G. Lot's of arguments against G here has been on business traveler perspective. Business traveler travels only in Airports of urban areas. G* phone won't work inside of Airport. So, they in not the G* market to get customers. Only stockholders. Better target can be adventure travelers. Iridium started marketing on Discovery channel at january 2000. And Estonians going to mount-everst and wordlwide sailing tour in march-april, wanted to get Iridium phone, when it was already going to bankrupt. What a loose of time and money. I hope, G* will start Discovery and Travel channel marketing much sooner. The monday will be very interesting for stock price to see. Personally I will believe shorts covering to be starting, but I'm willing to take short-term downsize risk to $6 also. 4Q is far-far away and 500K subscribers can be real (or even small) target to G* with some marketing and new areas to be included. As the stockholder, I would even want G* to target more smaller areas, like Australia and test the quick success there. But as a prospective customer, I want worldwide coverage ASAP. Veiko

To: limtex who wrote (12271)	5/6/2000 9:27:00 PM
From: Rocket Scientist	Read Replies (3) \| Respond to of 29986

According to ING Barings, satellite phone service providers (mainly Inmarsat) had 165K customers in 1999 produding 450M$ in revenues. G* needs about 500M$ to reach cash b/e. Gs product is clearly more convenient, has better signal quality and is priced 2-3X cheaper for both equipment and air time, compared to Inmarsat. It's inconceivable to me that G at it's present service price will be unable to reach cash b/e within the next 12 months. It may need to raise more money before it reaches that point, but once a positive revenue trend is established, that should be easy enough to do. Look at DISH: it had an operating cash loss of 100M$ plus in the latest quarter, and is still the darling of the equity and debt markets.