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

To: Jim Parkinson who wrote (12355)	5/7/2000 5:30:00 PM
From: Curbstone	Respond to of 29986

He said they are having to convince the Russians that it isn't going to be a spy station. The trick here is to convince the Russians what a great vehicle G* phones will be as a means to track the movements and contacts of their richest citizens (through GPS/CDMA). Make it clear to them that G* is a much easier and more efficient alternative than the CIA's current method of tracking the movements of the decadent bourgeosie through the use of their Credit Cards. Another alternative would be to make clear how popular G* is becoming with law enforcement and the military in the West. Make a sort of arms race out of it. AM

To: Jim Parkinson who wrote (12355)	5/7/2000 7:23:00 PM
From: Maurice Winn	Read Replies (2) \| Respond to of 29986

Jim, a gateway in far-eastern Russia would cover Alaska, plus more in Russia which is not otherwise covered. It would NOT reach Hawaii or even far into the Pacific. Not even Midway Island. <A G* USA tech told me that they want to put a gw in ne Russia to serve Alaska, ne Russia, and the no Pacific. I got the impression that put in the right spot, it could even cover Hawaii. Apparently that location will accomplish more than one in Alaska but don't ask me why. He said they are having to convince the Russians that it isn't going to be a spy station. This gw would be owned by Vod, not the Russian sp's like those in the eastern block, Moscow, etc., so the Russians are being a little more difficult. > If Russia wants communications available in the far east, they'll have to allow a Globalstar gateway or use a rotten geostationary satellite or wait for ICO which might or might not have any advantage. It's exactly the sort of areas where Globalstar is useful [especially if there is anyone actually there!] They'd be able to sell service to planes full of people cruising down the line to Japan, Korea, China from North American. If they want the money and communications, they need to be in the game. Maurice PS: Charlie, I saw the bottom at $15 and missed by a mile. I really can't see why people would sell below $10, but SurferM seems to have thrown in the towel [Ed: Corrected in next post...SurferM is in] at that level and many others are doing so. I think people will kick themselves when in a few years, they see GSTRF stock at 100x their selling price. Somebody sold me and Ramsey some QUALCOMM stock at $32 a share in April 1996 [$4 a share, split-adjusted]. Even at the current $100 price, I guess they are disappointed. Tero knew CDMA wouldn't succeed then. Now he knows Globalstar is carrion! Realistically, I can't see it going lower, though I believe there will be dismal reporting by Globalstar at the meeting and a drop then might happen as people realize that things are grim and prices need to drop to make people gobble minutes. I suppose $5 is possible but waiting for it might be disappointing. Leasing of handsets will be needed so people don't have the 'once bitten twice shy' feeling that they might spend $1000 on a phone which then becomes unusable through bankruptcy. Globalstar needs to carry that risk and can do it by leasing handsets rather than selling them. I see no reason why subscribers should carry the capital risk. If the company goes broke, the subscriber would then not be liable for the rest of the payments! It would also enable "NO money down, $200 a month all you can eat" minute plans.