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

To: Maurice Winn who wrote (12613)	5/11/2000 5:55:00 PM
From: Rocket Scientist	Read Replies (2) \| Respond to of 29987

1000 Iridium customers in Mexico to xfer to G* at no cost. Anyway I think that's what this article from ElEconomista says: economista.com.mx AltaVista translation: "It overcomes term so that usuary of Iridium they change its telephones by those of Globalstar The change will be without cost some, it offered the satelite company next the 5 of May will be the last day so that the users of the satelite telephony of the broken Iridium company can change to their apparatuses by the telephones and services of Globalstar, " without cost by the change nor by the new equipment ", informed the company in Mexico. As it is known, Iridium let serve telephone satelite channel when going away to the bankruptcy due to its problems with the technology, with which it lost around 5.000 million dollars. In our country Globalstar Mexico it will provide the service. The company/signature explained that after Iridium let give services in Mexico, both negotiated the most advisable form so that the clients did not lose their investment and services of satelite telephony. " This negotiation has allowed all to those companies and people who bought Iridium telephones, to change these without cost by the change nor by the new equipment ". From the last year the problems of Iridium at international level were become serious that risked an investment by around 5.000 million dollars. However, even so it announced in Mexico the launching of his commercial activities with the offer of services of wireless telephony and paging via satellite. In commitment it was to invest in our country 45 million dollars with a reduction in its prices of until 65%. The market that it tried to catch was centered in the 30.000 potential users. Still at the beginning of the present year, Iridium already had 1.000 subscribers and the objective altar the present year was to arrive at 5.000 clients. Nevertheless, the company failed due to errors in the market strategies that it did not anticipate that the technology was not only expensive, but obsolete with the fast changes in the business of the telecommunications."

To: Maurice Winn who wrote (12613)	5/12/2000 1:37:00 AM
From: JGoren	Read Replies (1) \| Respond to of 29987

Mqurice, you can always sue the Corporations Commissioner employee for libel. But, then, why subject yourself to California jurisdiction. You could probably sue in New Zealand if the WSJ is published there. State securities commissioners know little about real markets. Moreover, it appears that the commissioner does not understand the legal requisites of manipulation as contemplated under the federal securities laws. They are fine at combatting local Ponzi schemes, however. I belive it was totally inappropriate for the securities commissioner to express an opinion on something the facts he does not know. Since the opinion was not made in a judicial proceeding it was not subject to absolute immunity. The WSJ seems to have completely misunderstood what is going on. It's been 20 years since I was with the SEC, but I fail to see how suggesting that those who believe in the company long-term should not sell their shares and should not allow their shares to be involuntarily borrowed to hurt them, would, in any way, be a scheme, device or artifice to defraud in violation of the Securities Act of 1934. Suggesting investors take action to protect themselves is not a manipulation. Greed has no bounds; either on the way up or down. The risk to the shorts at this level is increasing daily. The money was made from 35 down to 9.

To: Maurice Winn who wrote (12613)	5/12/2000 1:46:00 PM
From: 90L43G6	Respond to of 29987

Maurice....what I just read from you regarding the WSJ's article via Carrie Lee gives pause for one to stop and wonder what things are coming to. After distilling what I read my advice is to let sleeping dogs lie. I have no idea what would prompt both she and Mr. McDonald to write what they did. The SI boards (at least G-Star and Loral) in my opinion have been exceptional in their ability to give investors an informed opinion on the company and their initiatives. Your posts have been a tribute to helping others understand more about Globalstar and (indirectly Loral). Honestly....when I read a post on a chat room board such as SI ... I feel it is my duty and responsibility to look further...to look beyond what I read in the message to substantiate what was said. In essence...these message boards are stepping stones for readers to continue their quest for enlightenment on whatever the subject they're researching is. It's ridiculous to consider that an individual who read a post by Mr. Maurice Winn... would then in a zombified state ... immediately react to it's direct and (god forbid) subliminal messages. Yup Maurice...I can see it now. Soon these columnists will be feeding you're posts thru computers in a REVERSE fashion (backward masking). Kind of like what they did with the old Led Zepplin songs to find hidden satanic messages except here they'll be looking for messages supporting you're grand scheme to become filthy stinking rich off Globalstar stock manipulation. Maurice.....pay no mind to the babbling of the WSJ brook. I have been long on Globalstar since the beginning and remain so. I will go on record as saying that I shifted my position out of Globalstar a few months back and repositioned my holdings into LORAL. For the life of me I cannot understand the logic of owning Globalstar when you can own LORAL who not only owns a bigger piece of the G-star pie than G-star shareholders do....but with LORAL's broadband initiatives and numerous other ventures....LORAL would appear to be the common sense play in light of the current market jitters. Either way though....both Loral and Globalstar's success hinges largely on the successful deployment of Globalstar and I firmly believe Globalstar will bear ample fruit for all in the future. I still believe Wall Street will be sucking up to LORAL/GLOBALSTAR'S feet at some point before next summer. By that point we'll have a very clear indiction of what direction the company is going in and it's my suspicion that Jack's going to need a very tall beanstock to chase the direction these stocks will be heading. Take care Maurice and please keep up the wonderful level of contribution to this board. Sincerely... Dan Leniczek