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

To: Jeff Vayda who wrote (2757)	2/3/1999 1:58:00 PM
From: djane	Respond to of 29987

briefing.com. JP Morgan "buy" rating Globalstar Telecommunications Ltd. (GSTRF) 19 5/16 +5/16: JP Morgan Securities initiates coverage of designer and operator of low earth orbit satellite based digital telecommunications systems with "buy" and a year-end 1999 price target of $30 and $38 at the end of 2000; high cash flow margins coupled with near-term break even makes fro a very compelling business model; restart of Globalstar's launch schedule will drive valuations higher..... Iridium World Communications Ltd. (IRIDF) 33 1/8 -1/16: JP Morgan Securities initiates coverage of provider of global mobile wireless communications systems with "market perform" and a year-end price target of $37; company expects to add 500K-600K subscribers in 1999; however, with highest cost structure and the lowest capacity in the industry, it makes for a tough business plan in a competitive environment; also does not believes company's stated goal for subscriber addition in 1999 is realistic..... ICO Global Communications (ICOGF) 14 1/4 unch: JP Morgan Securities initiates coverage of developer of medium earth orbit satellite-based communications services with a long-term "buy" and a price target of $19; expects ICOGF to be an event driven stock over the next two years as company plans to launch commercial service in late 2000; ICO's biggest advantages are its service providers and ground network.....