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

To: Jim Parkinson who wrote (14436)	7/16/2000 11:26:47 AM
From: TMann	Read Replies (1) \| Respond to of 29987

Jim: Thanks to adding to my list; you certainly have done your share of dd and I appreciate you sharing the info you have gleaned. Is that Tony the Tony Narvarra that mentioned details of flight kit?? I'm continuously impressed by your connections!! I hope the other items you list come true: South Africa, big name customers and contracts, Canadian Gov. GSA, etc. I agree with most of your points regarding G* as an investment. This is truely a monumental task, with great potential. Its also highly risky in that G* depends on foreign governments, service providers who don't appear real focused on G*, lots of money, satellites prone to failure, a change in perception of the sat. phone industry aka Iridium, etc. etc. I think Bernie and co. have done a pretty good job overall, considering so much is out of their control. I believe they overestimated subscriber growth and built high expectations which when undelivered, killed the stock. They can repair the aftermath, but it will take some time. I have my fingers crossed that they can pull it off!!

To: Jim Parkinson who wrote (14436)	7/16/2000 7:11:30 PM
From: Maurice Winn	Read Replies (3) \| Respond to of 29987

I'm all for sacking Mike Kerr or his boss or whoever is responsible for their rotten marketing effort. Maybe Chris Gent is the one who should be sacked. He's blowing $$ billions on spectrum and big deals and failing to get the Globalstar customers in the door. They got their minute pricing wrong. Minutes should be half the price [to start and maybe lowered further to below cellphone rates until demand for handsets exceeds supply]. Their website has no minute prices on it. They have had years to get gateways ready to sell Globalstar phones and minutes. They have failed abysmally. You can't even buy a phone from GlobalstarUSA then take it to Australia and use it [the Web site says sorry, not available yet but we are very softly rolling out such a concept]. Roaming is a joke! There is no information on their web site on how many handsets or minutes they have sold. That alone is enough reason to sack the management. McDonalds used to write '100 million Big Macs sold' right outside their restaurants in great, big illuminated letters. Not the GlobalstarUSA Stealth Marketers. You'd think marketing people would be proud of what they achieve. Not those people. They obviously have plenty to hide. I'm all for sacking the service providers who are not up to speed on their contracted minutes. Maybe they are adjusting minute prices as we speak and new, attractive, lower prices will be shown tomorrow [since the pathetic, over-priced offering they made over the past few months has expired]. Half a year of lost opportunity has now been achieved. Before anyone panics, they should remember, this is NOT the same as Iridium. Globalstar service providers have got a lot of room to move down on price. Satellite life and funding are fine, so the Iridium trajectory to bankruptcy will NOT happen. It's a question of opportunity cost for Globalstar shareholders. The service providers need to get their act together. It really is an absurd joke that Australia and USA Vodafone can't get themselves together and arrange roaming. Mqurice