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

To: pcstel who wrote (12427)	5/8/2000 11:58:00 AM
From: Pierre	Read Replies (1) \| Respond to of 29986

From the press release: Fixed phones have been deployed across most service locations for testing purposes, but very few were put in commercial service during the first quarter. Globalstar's partners are currently in discussions for volume purchases by government agencies in Mexico and other countries to satisfy universal service requirements as well as for other applications. Looks like near zero first Q minutes attributable to fixed terminals. I recall earlier discussions here suggesting fixed terminals would be major component of mou's. If so, 2nd Q should see huge ramp up just from addition of fixed terminals as test sites go into service. I'm anxious to see a deal with Mexican government signed. OTOH it's already May ... and still testing. I have a question about the $19 million in pre paid service revenue. Press release indicates it will not be recognized until provided. Any idea what the mandatory usage time frame is? I can't imagine it's open ended. Also, with just under $300,000 in service revenue for 1st quarter, $19 million seems like one hell of a lot of minutes for providers to pony up for in advance. Am I missing something here? Pierre Pierre

To: pcstel who wrote (12427)	5/8/2000 12:19:00 PM
From: rf_hombre	Read Replies (1) \| Respond to of 29986

G* Protection QCOM has with G* a defacto Global CdmaOne network market to supply and promote, a little more than 2G perhaps, a little less than 3G with future upgrades. But there, above the ETSI Skies, it constitutes a clear and present danger to the DS-CDMA "heretics" QCOM may not be willing to save G* at any cost but Dr. J will do whatever he can to save the Constellation. The latter may change owners but it any case it is there to stay!