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

To: Rocket Scientist who wrote (13046)	5/24/2000 12:21:00 PM
From: Jim Parkinson	Read Replies (1) \| Respond to of 29987

The Chris Gent/BS show should have occured by now in London. It would be nice to get some word on what was said. I continue to call various US/Canadian retailers. 100% of those contacted in Canada so far have their act together, know the product, have prospects and are selling phones. They are all optimistic. Not true in the US. 1/4 of those I call are clueless. Another 1/4 are less than enthusiastic and the others are very enthusiastic and are similar to Canada. I have spoken to 5 Norsat offices, 2 in Canada, 3 in US. All Norsat folks with the exception of one in Texas really have their act together. GCanada has their act together. Most outlets listed on the web page have the name of the G contact and the phone #'s are correct. None of those listed in the US have names!!! Also, Phoenix changed its area code for some locations from 602 to 480 but G* USA hasn't bothered to update the web page. BTW, G* Canada updated the web page in one day after my discussion with Peter White last Feb so it obviously isn't that big of a deal. Some of the ph #'s for Texas retailers are wrong. I got a travel agency and tire store. Despite GUSA not seeming to care about these details, progress is being made especially in Canada. Here are a few observations: 1. Canada is going well, better than the US so far. 2. Most feel demand is not a problem. Perception of G's viability is. Lots of fence sitters. Iridium has done untold damage. Many will switch when they shut down. Many need to be convinced G* will succeed. This perception is not so strong in Canada. 3. GUSA is obviously concentrating on large vertical customers. I hope they land one soon. 4. GUSA has gone stealth. They must have learned this from Loral. 5. Back to Iridium: One rep said he has just hired two ex-Iridium reps and is now working their prospect lists. 6. Another rep has closed 5 deals out of 24 calls. Not bad! He has been at it for about 3 weeks. Now we need some word from London!