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

To: brian h who wrote (426)	2/21/1998 3:17:00 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 29986

Readware said there wasn't any "keep the battery hot" problem didn't he? Well, I was looking at the satellites through my telescope and it seemed to me that there is a bit of a problem, but nothing to make shareholders worry. It can all be fixed up. Well, you could rightly worry, but more important will be the marketing of the service and the functionality of the telecommunications. The physical presence and operability of the satellites looks dodgy, with some failures likely, but overall fairly secure. But apparently there was a bit of a scare in the first few hours with a few of the 4 satellites. This satellite launching business doesn't seem to be as easy as popping down to the 7/11 for a newspaper. Despite the good looking Delta launch record. These batteries are giving me a pain in the neck. I have conflicting information on power supply, with the possibility of subscribers getting "no service available" signals during peak demand. Remember that when your yacht is going down! Now they need to be kept warm with blankets [I hope they like sheep wool - we have lots here]. No wonder people are thinking about flywheels for energy storage in space. $15 per share sounds good. That would make GSTRF worth about $300 at 20:1 P:E given the growth that it should continue to enjoy for a couple of decades. Maurice