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

To: Maurice Winn who wrote (3604)	3/25/1999 9:30:00 AM
From: Jeff Vayda	Read Replies (1) \| Respond to of 29987

Some interesting tidbits here. G* problem (now that is funny) and I* is in no danger of going away it would appear: ARIANE ENCOUNTERS EXPORT LICENSE ISSUES FOR GLOBALSTAR LAUNCH Preparations to launch six Globalstar satellites on Europe's Ariane rocket later this year have stopped because of U.S. government technology-export concerns. European industry officials said this issue is only the latest consequence of the U.S. government's decision to tighten export controls on satellite- and rocket-related information and hardware. [Boeing Morning Report March 1, 1999] TELEDESIC/IRIDIUM NEXT RFP SEEKING BIDS Teledesic's RFP to satellite manufacturers is said to specify the construction of 140 Teledsic satelllites and 120 Iridium NeXt satellites. In addition to the 140 Teledesic satellites required, there is thought to be an option over eight years for a further 100, and the NeXt satellite constellation includes options for a further 50 satellites (again over eight years). Although satellite manufactureres are to submit proposals for both constellations, it is believed that the 140 Teledesic satellites would be constructed first. Iridium NeXt satellites are understood to be a similar design to the current Iridum satellites, but with a bigger bus and a larger payload. The bus design is thought to be the same for iridium NeXt as for Teledesic, this development having been initiated by Motorola, and agreed by Teledesic in order to keep costs down. [Satellite Finance February 1999] TELEDESIC/IRIDIUM NEXT BIDS MAY COME FROM MATRA MARCONI/DAIMLER CHRYSLER TEAM In January 1999 a bid submitted by Matra Marconi Space for the construction of Teledesic satellite buses was said to have been rejected by Motorola. Motorola apparently rejected the bid because it was not fixed price, but was a "not to exceed" bid. Motorola then apparently asked Boeing and DaimlerChrysler Aerospace to bid for the whole contract. However, Matra Marconi and DaimlerChrysler then signed a Memorandum of Agreement, the overriding consideration appearing to be the two manufacturer's plans to merge. The Memorandum of Agreement says that they will co-prime for Teledesic, as well as Iridium NeXt. [Satellite Finance February 1999]

To: Maurice Winn who wrote (3604)	3/25/1999 1:19:00 PM
From: Rocket Scientist	Respond to of 29987

Maurice, congratulations to you and other Qualcomm holders; nice to see a good company's stock do good things for its s/h's. Hope it happens to us LOR/G* s/h's someday. (Actually I have a tiny amount of Q myself, but not near enough to fill the hole left in my portfolio by Loral.) Anyway, when you've sobered up, how about enlightening us on what this ericy/qualcomm deal means, if anything to G*? Regards and best wishes, RS