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

To: djane who wrote (2806)	2/6/1999 6:30:00 PM
From: djane	Respond to of 29987

FYI. RedHerring TOP 10 STOCKS FOR 1998. Globalstar: The sky's the limit redherring.com By Red Herring Staff Red Herring Online January 6, 1998 GSTRF Close, 1/5/98: 48 Mkt Cap: $1.5 billion EPS: N/A P/E: N/A 52 Wk: 23.75-59.5 FY '97 EPS: -1.09 FY '98 EPS: -2.71 Consensus: Strong Buy Globalstar is more of a consortium of major-league telecom, wireless, and satellite industry players than it is just a single company. Led by satellite industry leader Loral, the company is betting big that a system of low earth orbit (LEO) satellites providing global communications access will spell huge returns down the road. Although not as visible as the well-hyped Iridium (IRIDF) system backed by Motorola, or Bill Gates' mammoth plans for Teledesic, we find Globalstar's consumer focus makes it more attractive. The Globalstar system, when fully operational in 1999, will be able to provide a person access to voice and data communications wherever they are on the planet. While Iridium's more ritzy business audience will have to pony up $3,000 alone for the handset, the cost of a handset for Globalstar will be roughly $750, and per-minute charges are expected to be $0.47. Although the significant price difference between the two systems represents Globalstar's positioning as a wholesaler of satellite-based communications, versus Iridium's direct-to-the-consumer retail operation, it also highlights the greater potential access of Globalstar's business model due to its lower price points. What's the potential demand? Merrill Lynch predicts that annual revenues in this industry will grow 500 percent in the next decade. What's more, Globalstar has as proven a management team and business model as any of its competitors, with Bernard Schwartz, CEO of Loral, leading the way. In the race to the sky, Iridium now has an advantage, having already launched 22 of its 66 satellites. However, if the Globalstar system meets its 1998 launch targets, and its sales force is set and ready to go, it could start making money by 1999. According to Arden Armstrong, a mutual-fund manager for MAS, "If everything goes according to schedule, Globalstar could be one of the biggest stocks of the next decade." We'll take a moon shot, since the stock has already moved 20 points on the idea alone. Other stocks to watch Iridium World Communications (IRIDF), mentioned above, already has satellites in the air and will likely come online sooner than Globalstar, although it will serve much more of a niche market. However, the stock will likely gain momentum on the mere fact that it will be first to the market.

To: djane who wrote (2806)	2/6/1999 7:17:00 PM
From: djane	Read Replies (2) \| Respond to of 29987

TA on GSTRF (from a short's perspective) Talk : Communications : @HOME (ATHM) \| Previous \| ------ \| Respond \| Earnings \| To: djane (5123 ) From: ahhaha Saturday, Feb 6 1999 7:02PM ET Reply # of 5124 GSTRF is a fine short. It has been consolidating the move between 19 - 20. The company is worth $5. If the fools try to take the market up a bit, this play may participate up to an excellent shorting target of $22. It is in full professional distribution, so it is hard to expect such luck. Thanks for the tip. I would not have found this number on my own, but I guess I should take a look at the group for other tantalizing tidbits.