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

To: Valueman who wrote (243)	1/9/1998 12:58:00 AM
From: Snake	Respond to of 29987

Has anyone contacted Loral or GSTRF investor relations about the launch. Sure would make sense or at least comfort people (except the shorts) if they issued a press release or something indicating all is a go for Feb 5 or therabouts. I don't know if that is common practice, but sure would be nice in this case.

To: Valueman who wrote (243)	1/9/1998 1:08:00 AM
From: Maurice Winn	Read Replies (2) \| Respond to of 29987

I think the SOCC was the problem causing the earlier delays. But I gather everything is hunky dory, subject to a dress rehearsal as I mentioned. Delays are bad. The cost is astronomical. 4 months delay already with the amount of money sitting around rotting is a lot. The delay that really concerns me is the lack of marketing skill which is going to mean the system sits rusting for years before being filled. Bill Frezza and I are buddies on that issue. The days of centrally planned economies and centrally planned pricing are drawing to a close. Competition will see them gone, along with any companies which can't get to grips with the concept. The Brazilian who said that Brazilians will pay the highest price because it is the best, [re Iridium] is crazy! I suppose people will sometimes pay more simply because they assume others will have checked it out and it justifies it's market position at that price. Apple has come to grief in the long term because of such a strategy. A company which depends on a sucker being born every minute won't last too long. On the CDMA military Qualcomm Loral LEO system, I haven't heard of it. I guess it would be an equatorial system as that would be the only way to get any regular service without having masses of satellites. But 1000 km orbits wouldn't give coverage. So they must be medium orbit. Maybe 10000 km or something. With grunty handsets. Maurice

To: Valueman who wrote (243)	1/10/1998 7:53:00 AM
From: Timothy R. Tierney	Read Replies (2) \| Respond to of 29987

I tend to disagree with Valueman......A delay would be perceived as negative but that would be a short term thing........a delay doesn't change the fundamentals of the cos. or the concept.......and we would only have to learn to be patient.........A launch or orbit or satellite failure on the other hand would be perceived as very negative and would hurt the cos. very much and change the fundamentals.... as management execution would be considered lacking and the technical abilities of the cos. would be placed in doubt........Further, Iridium would then be seen as the co. that can perform when the chips are down and ultimately the better investment. Eventually, Loral and Globalstar would recover but it would only be after some significient successes. I for one would like to see the launch take place but ONLY if it ready.......I'll take a delay rather than a failure during execution.