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

To: crm114 who wrote (25265)	10/2/2002 7:15:45 PM
From: pcstel	Read Replies (4) \| Respond to of 29987

"Does that mean QCOM and Loral together will own.." I think I am in agreement with CRM on this. I think LOR may end up with very little ownership on the other side of Bankruptcy. LOR's quest for indemnification may leave them next to nothing. PCSTEL (paying an outrageous price for internet access in Zihuatanejo)

To: crm114 who wrote (25265)	10/3/2002 9:55:42 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 29987

My guess is that more bloody-mindedness was in the Loral camp than the QUALCOMM [judging from what I've seen of the various people over the years]. Somebody needs lessons in share-bargaining negotiations. Then somebody needs marketing lessons. What a shame that failure to agree results in $4 billion capital destruction. What a ridiculous situation. 3 years ago, the launch should have been at 20c a minute retail, [no matter who was buying - no need to try to differentiate between business, private, whatever 'market segments']. I wonder if the rumoured announcement tomorrow will involve Globalstar being resolved in some way. It's now October and 3 years since Bernie announced a soft launch. Very, very, soft... Mqurice