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

To: Maurice Winn who wrote (483)	3/13/1998 2:15:00 AM
From: brian h	Read Replies (1) \| Respond to of 29987

Maurice, Thank you for your comforting words on QCOM thread. In fact, I went in to buy even more LEAPs two days ago. I am not panic at all. Just frustrated with sideway price movement only. Here is a news article but an old news to most of us. "Globalstar Confirms Reduction in Earth Station Plans By Sheridan Nye 11-MAR-98 Globalstar LLP, long rumored to be revising its basic architecture, confirmed it is now looking at a 50-60 station ground segment - just over a third the size of its original plan. But the 48-satellite Mobile Satellite Service project denied it had ever had its heart set on a particular Earth station count. "The reality at Globalstar is that we have never had any fixed plans about the architecture or number of Earth stations," said a spokesman. The company originally specified 150 gateways in its first filing with the FCC in 1991. Since then Globalstar has brought over 10 strategic partners on board and the political priorities in host countries have changed, said the spokesman. Governments that had initially insisted on owning their gateways are now actively looking to share the $7-$10 million cost, he said. But Globalstar, backed by Loral Space and Communications Ltd., Qualcomm Inc. and Alcatel among others, insisted that fewer gateways would not push higher long distance costs onto the consumer. Instead, the lower station build costs would result in lower rates overall. "Our rates are not a function of the long distance tariffs," said the spokesman. The system architecture was intended to be flexible, he added, allowing more gateways to be added as demand grows. The $3 million variation in cost reflected the different installations that countries chose to build. One station in Korea includes offices and recreation facilities for staff, whereas Airtouch's installation in the US is operated remotely, he pointed out. The changing picture on the ground will not affect the space segment, the company said. As planned, Globalstar will launch its first four satellities on January 26, from Cape Canaveral with a target of 44 in orbit by the end of the year. The final constellation is 40 operational birds with 8 spares. " Brian H.

To: Maurice Winn who wrote (483)	3/13/1998 9:54:00 PM
From: Stephen J. Schmidt	Respond to of 29987

To All : IRIDF FIRST is really first off beginning of the LINE, thank you.........Maurice Stephen

To: Maurice Winn who wrote (483)	3/13/1998 10:21:00 PM
From: Dragonfly	Read Replies (1) \| Respond to of 29987

Iridium will have some fairly significant features going for it, including the $200 Million in marketing and advertising they are spending this year. Also, their pager system will have great reach, and pretty much guarantees that if the pager is on, you get the page. Also with Iridium, since they have a country code, you can bill the caller- in other words, every time you receive a call you're not paying this exorbinant amount, and people will think twice about calling you when its unnecessary. I think Iridium will be a great success, and will have no trouble funding their second generation of birds. You have provided nothing to indicate that the first generation is the "end of the line". This is not to rag on Globalstar- I'm in it as well as IRIDF-- but they really do address different markets, and you don't build up one by tearing down the other.