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

To: Michael Allard who wrote (557)	3/27/1998 10:32:00 AM
From: John L. Sellers	Respond to of 29987

Demand for service in the third world is overwhelming. Both systems are forecasted to move to capacity. GSTRF is definitely the better more economic system but ologopolistic conditions will prevail until the launch of Ellipso in 2000. Ellipso is scheduled to IPO this summer. If you want a similar ride call your broker and get in line to buy Ellipso on it's IPO!!! www.ellipso.com

To: Michael Allard who wrote (557)	3/27/1998 10:41:00 AM
From: Phil Jacobson	Read Replies (4) \| Respond to of 29987

<< I must be missing something here >> Quick disclosure - I own shares in GSTRF, IRIDF, LOR, and ORBI. What you're missing is that first to market matters a lot more than people think and people are starting a momentum climb on IRIDF for that reason alone. A lot of people predicted IRIDF would start to climb rapidly as it got closer to delivery. What I didn't count on was that money would actually move from GSTRF to IRIDF. Should have seen it coming. Now if that makes you irritated, consider this...it just occurred to me the other day and someone I respect in the biz agrees. Wait'll IRIDF launches. For the next month they'll be on the biggest honeymoon imaginable. Then the party's over and they're like everyone else and need to show customer growth and the rest. There's nothing in the world that screws up a great looking plan like having to compare it to actual results. If I sense for a minute that they aren't signing up customers I'll bail because if the revenue doesn't come in this will be seen as a debacle. And that goes for GSTRF, LOR, and the rest. It's unfortunate but the level of all of these stocks from late '98 into '99 are going to depend in large part on how well IRIDF does. And I don't think IRIDF will do as well as expected. So far they haven't done anything to build market awareness, and they need to fill that systems with traffic very fast or it's going to lose a ton of money. Thoughts? Phil

To: Michael Allard who wrote (557)	3/27/1998 1:40:00 PM
From: Dragonfly	Respond to of 29987

People choose Iridium over Globalstar for a couple reasons: 1- It will not cost as much as you think it will (more like $3 a minute, or less, I expect) 2- Iridium provides truely global coverage, and for people who need to go to very remote areas (like the middle of the pacific, or northernmost reaches of canada) you have no other choice. 3- Iridium will have at least 6 months head start and marketing. 4- When you add the cost of long distance to the call, the prices are not that much different- more like $2.50 or $3 verses $1.30 or $1.50 a minute. Anyone who told you GSTRF would cost $0.45 a minute was flat out telling an untruth. 5- The combo phone from Iridium is a satphone, cellphone and pager all in one. 6- Iridium has worked closely with the military and will have a significant part of that market. They will also have the entire maritime market, I expect, as well as a large number of the "expidition" market (people who go to the poles, up major mountains, etc.) though its not clear how much all these markets will add up to. 7- Iridium will have an advantage selling into corporations, I suspect, because the corporation will know that they can simply purchase one class of device and always reach their employees everywhere. (Globalstar, on the other hand, will be more acceptable to consumers.)