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

To: Oliver Schonrock who wrote (3186)	2/27/1999 12:06:00 PM
From: djane	Read Replies (3) \| Respond to of 29987

Oliver, Bernie mentioned the projected subscriber numbers from the 4 countries (below) as examples only to illustrate that G* has/will have the distribution/marketing/billing/collection mechanisms in place to hit these numbers. The implication was that these numbers are very achievable and are probably much too low. China 225,000 in 20002 Brazil 200,000 US 110,000 India 80,000"

To: Oliver Schonrock who wrote (3186)	2/27/1999 12:46:00 PM
From: djane	Respond to of 29987

2002 G 3M projected subscriber numbers (based on recent CCs)* Specifically mentioned countries China (7%) 250,000 Brazil 200,000-225,000 Canada 200,000 Russia 200,000 Australia 125,000 US 110,000 India 80,000 Korea 70,000 Countries not mentioned Europe Japan S.E. Asia (non-China) S.America (non-Brazil) L.America (non-Mexico) Middle East N./S. Africa Caribbean (cruise ships, ya know) Anything I'm missing?? Note: In ING CC, Bernie said 35-40% of G* total subscribers in 2002 would be in China, Brazil, US, Mexico, Canada and Russia (1.2M total). In a simple calculation using the 1.2M as 35-40%, 3.0-3.4M users would be 100% of G* users in 2002. This figure equals G* consistent statements about 3M users in 2002. In addition, Bernie said China's 250,000 users would be 7% of G* users in 2002. Using 250,000 as 7%, 3.5M users would be 100% of G* users in 2002. Again, this figure is consistent with G* statements. Note: In the ING CC, Bernie said that, due to recent events, Brazil/Russia aren't included in G* projections for the first 6 months, but they can be ramped up very quickly when needed. This point was made very quickly and I'm not sure I took it down correctly. If anyone else has better notes, feel free... *If anyone has other G/Bernie public statements about Gprojected subscriber numbers in press releases, CCs, SEC filings, etc., send them to me and I'll keep a running tally. P.S. I agree with Maurice. Why not fall in love with an investment. I've got 50% of my net worth in non-equities. With the other 50%, I've got 50% in long-term, more conservative holdings (including bonds). With the other 50% (of the 50% of the 50% :-)), I get to have fun picking aggressive, growth companies with global franchises. Rode ASND from $27 to $80 from 11/97-1/99 and have reinvested most of this moola into GSTRF/LOR for the ride from $15 to $50 (year-end) and $100 in the next couple years. Launch the birds, let G talented and hard-working employees do their thing and let's rock....