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


To: Jim Parkinson who wrote (13562)6/15/2000 5:30:00 PM
From: Rocket Scientist  Respond to of 29987
 
Jim, thanks for the great info.

It's interesting that the "dealer surveys" reported on by the major analysts haven't been updated since early March or so. I guess they just can't be bothered to call a decent sampling of the 500+ US dealers and are happy to rely on three month old info from 2-3 outlets. Even the CEUT surveys, which were by far the best of the lot, left a lot of ground uncovered and haven't been updated for several weeks.

My main worry these days is that the stock market's consensus that G* is going under would impact sales out in the "real world." As long as that's not happening, I suppose the company's stonewall on putting out interim sales/MoU data can be forgiven, though barely.



To: Jim Parkinson who wrote (13562)6/15/2000 6:02:00 PM
From: Ilaine  Respond to of 29987
 
Right. The company is just torturing you for your own good. Or for fun. Or for some other reason which will all be revealed by-and-by.



To: Jim Parkinson who wrote (13562)6/15/2000 8:15:00 PM
From: Richard Belanger  Respond to of 29987
 
Jim -< We all know that we presently do not have hard data so it must be speculation. > Thanks for sharing your findings with us. I like your brand of speculation. A little more thought behind your method than Hymnowitz' (sp?) maneuver or Cramer's ranting.

These are frustrating times, but G* SHOULD work. Your legwork is showing that the numbers might yet come together.

"When speculation has done its worst, two and two still make four." - Samuel Johnson

Rich



To: Jim Parkinson who wrote (13562)6/15/2000 8:51:00 PM
From: Investartist  Read Replies (3) | Respond to of 29987
 
Dear Jim Parkinson,

Thank you for the very reasoned and intelligent post. I agree with everything you said. In the last week, I have had a dealer say sales were increasing 30% week over week. Another told me that this bankruptcy talk is poppycock, etc. Opening up Carribean will be a big boost. We heard GMPCS say that they could easily sell 5000 phones there for boats.

As to minute prices I too have previously stated that I think that the 30% price reductions currently in effect in US until July 15th will become permanent. This was the opinion of one of the sales managers I talked to last week. I don't know that they will become lower because we want to keep a healthy profit margin and Globalstar is a special service that no one else can provide. They will need to determine the proper price for the market I don't know if it is lower but there is a proper equilibrium.

I see tremendous potental when data service becomes active. In a conversation I had with George Gilder this year he said that he felt that the really big potential would be realized with data. He feels that the backers of Globalstar realize this and will not be satisfied until all the many potential uses are demonstrated and marketed. This is why in his opinion they will give it any support needed to realize this enormous potential.

Sincerely,

Investartist

P.S. Just today George Gilder posted, reaffirming his belief that Globalstar will succeed and be a "ten bagger or greater".