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

To: pcstel who wrote (17808)	10/8/2000 9:18:20 PM
From: Investartist	Read Replies (2) \| Respond to of 29987

PCSTEL, I think you missed this as you often ignore the "hard to face" questions you don't like to acknowledge. It's amazing how much time you spend bashing a stock you don't own and have actively shorted and no time supporting a stock you claim to own 200,000 shares of(Loral). Pretty strange to me. Repost: PCSTEL, I have a Loral question for you. You claim to have loaded your boat with a very large number of Loral shares at $6.50 a couple of months ago. Yet, you post about 10 to 1 about Globalstar vs. Loral. Almost all of which is about Gs failings in your opinion and then you even go so far as to praise Iridium over and over again. Now, if you loved Loral at $6.50 you would really love Loral a $5 and change. If you were really a Loral long it seems you would be pounding the table at what a great buy it is for all of its "real estate in the sky" as you have indicated..... or has your opinion changed since $6.50. Nothing has really changed with Loral for the worse since you claimed to have loaded your tub with it at $6.50. In fact, since that time Bernard has reiterated how Loral would not be putting much more money itself into G relative to other partners. Privately, Bernard told a friend of mine last week that Loral was "firing on all cylinders" and doing very well. Even if Globalstar did not succeed, Loral is worth considerably more than it is priced at now as evidenced by Loral director Charles Lazarus's purchase at $6.44 per share. Also, Lehman Bros. analyst Joseph Campbell stated in August that Loral is worth at least $12 per share without Globalstar. Loral is well positioned to benefit from not only a Globalstar home run but from many other trends developing in the growing satellite data delivery business which should grow to about 50% of all data traffic in just a few years I hear. As an investor I have been buying more Loral in the low $5's because it is in a great segment of technology, has a great piece of the limited "real estate in the sky" and stands to benefit enormously from the trend towards heavy satellite data transfer (both GEO and LEO). Also, if (as I believe it will be) IFN is a home run in airplanes and potentially cruise ships, so will Globalstar and Loral be indirectly. Globalstar's data potential is just beginning to emerge and it will grow from potential to enormous reality over the next year or two in my opinion and as evidenced by Qualcomm's serious work to develop this. Globalstar has not even begun to sell data services. In a private conversation George Gilder several months ago he told me that data is where Globalstar will find its biggest potential. As an investor, the best opportunity is found when public sentiment is bearish...right? Gregg Powers verbalized this theory too. Here is a paraphase from "The Battle for Investment Survival" by Gerald M. Loeb as posted by another Loral poster. I think it applies well to Loral...don't you? <<<<<What to buy and when by: pj1020 8/22/00 2:31 pm Msg: 44284 of 48767 1. Popular sentiment should be bearish and the market should reflect this bearishness. 2. The security should be thought by the public to be so weak that it sells at low prices and is given low ratings. 3. Stick to issues that have had active markets in the past and can be expected to have active markets in the future. 4. Stocks that are widely held by institutions are not necessarily a good buy since they are usually difficult to buy cheap. 5. Invest for large gains. This requires a certain amount of speculation. These aren't my ideas. They are paraphrased from a book that is considered by many to be an investing "classic", The Battle for Investment Survival by Gerald M. Loeb. It seems to me Lor fits the above profile.>>>>>>>>>> So in the words of Maurice to you with regard to Globalstar, "It's unfair that you swoop in ahead of me and become another damn closet short in long drag." With regard to Loral I am starting to wonder if you do own it as you have stated. I find it unusual that in your great efforts to be heard on the message boards you expend virtually no effort in support of Loral which you claim to have decided to invest in heavily. This is strange. I'd be more interested in your comments about a stock you actually own like Loral than one you don't own and have actively shorted. The market has unreasonably discounted Loral and it is an enormous buying opportunity in my opinion. Investartist

To: pcstel who wrote (17808)	10/9/2000 12:28:31 PM
From: Rocket Scientist	Respond to of 29987

There are at least 46 countries where Iridium was not offering service in late '99, according to its own coverage maps and a detailed list that Stratos previously posted on its web site. There are probably more, actually, because I don't count some of the smaller Caribbean islands whose status can't be ascertained from Iridium's maps. When Iridium claimed licenses in over 160 countries, I believe it must have counted (as does Globalstar) "places" like Greenland and French Guiana which are not sovereign states. Counted that way, there are far more than 192 "countries" in the world. This list of international dialing "country codes" has 233 entries: bspage.com Countries not licensed for Iridium service (bold are served by G* now; italics indicate G* service likely within next six months: Algeria Bahamas Bahrain Belize Botswana Bulgaria Burkina Faso Cambodia Cote D'Ivoire Croatia Cuba Cyprus Fiji Haiti Hungary Iran Iraq Israel Jamaica Jordan Korea, North Laos Latvia Lebanon Lesotho Libya Macedonia Moldavia Morocco Nepal Oman Pakistan Poland Samoa Sierra Leone Slovenia Somalia South Africa Sudan Swaziland Syria Trin&Tob Tunisia UArabEm Vietnam Yugoslavia