Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: dougjn who wrote (138)	11/11/1997 11:46:00 AM
From: SidStock	Respond to of 29987

Globalstar delays satellite launches NEW YORK, Nov 11 (Reuters) - Globalstar LP said Tuesday it had delayed the launch of its first four satellites to the first week of February 1998, to allow for further testing and rehearsals of tracking and control ground equipment. Tracking, telemetry and control equipment is used to monitor the launch and deployment of Globalstar satellites, the company said. The stock fell after the announcement, trading down two points at 46-1/4. Bernard Schwartz, Globalstar chairman, said the eight-week delay was not related to equipment performance. ''The postponement was adopted in order to assure an adequate period of time to complete testing of Globalstar's tracking, telemetry and control equipment that function prior to the initial launch, and was not related to any segment performance issue,'' he said in a statement. Schwartz said all other parts of the project, including system design, satellite and CDMA technology, gateway design and handset production, were on schedule and meeting critical performance criteria. Globalstar, led by Loral Space & Communications Ltd (NYSE:LOR - news), is a partnership of telecommunications service providers and equipment manufacturers, including QUALCOMM Inc (Nasdaq:QCOM - news), AirTouch Communications Inc (NYSE:ATI - news), Alcatel Alsthom (NYSE:ALA - news), Elsag Bailey (NYSE:EBY - news), and France Telecom (NYSE:FTE - news; FTE.PA). Globalstar said it now expects to start commercial service no later than in the first quarter of 1999 following the launch of 44 satellites during 1998. A remaining 12 satellites would be launched in early 1999, as scheduled, it said. It is preparing to launch and operate a satellite-based digital telecommunications system designed to enable local service providers to offer low-cost wireless voice telephony and data services.

To: dougjn who wrote (138)	11/11/1997 3:25:00 PM
From: Bill Lin	Read Replies (1) \| Respond to of 29987

doug, i'm just a lurker with no stake in either I* or G, but i think there is already a format in which your calling charge question can be overlayed. 1. your phone is linked to a fixed location (home or business) 2. charge inside the zone radius are at at fixed or metered rate 3. outside your radius, you get "roaming" charges. so calls made out of this area you get charged extra. Potentially many roaming zones outside of US, but probably only 4 in US (time zones). 4. call within your radius to foreign country will obviously be a long distance call. probably no surcharge, since you are within iyour radius, and your monthly fee/annual fee should cover it. Whether I or G, the pricing plan must be simple and straight forward. Customer backlash from complicated pricing schemes are visible with the Sprint/ATT/MCI long distance battle, and with One, and ATI, and GTE cell phone pricing schemes 750 min for $79.95 per month. overoptimized pricing schemes often connotate excess returns for the provider. Consumers know this, and like single pricing plans (Saturn pricing vs. GM option pricing plans) So, look at it from a simplistic point of view. Maybe initially it wont be, but customer preference will make it so. hope it helps. BL