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

To: RMiethe who wrote (4402)	5/1/1999 5:43:00 PM
From: djane	Respond to of 29987

Maybe, as I was told, an investor in Globalstar should have first made a world travel trip the announced Globalstar targeted markets before investing in it to see whether Globalstar was misleading investors Well, if you want anecdotal evidence, my travels in China, India, S.E. Asia, Australia, Latin America and Eastern Europe have only strengthened my belief in the G-1, G-2, etc. investment prospects. And, I hope/expect to use my G* profits to explore the other targeted markets, especially Brazil and South America. Moreover, I strongly agree with the comments by yourself and Brian about the vast potential in China. Thanks again for your excellent analysis. djane

To: RMiethe who wrote (4402)	5/1/1999 6:33:00 PM
From: A.J. Mullen	Read Replies (3) \| Respond to of 29987

And I, in turn, think you miss my point. Globalstar is pushing itself as a service complement to cell phones. Why else sell a dualmode phone? They want to graduate cell users to Gstar users via the dual mode. Everyone will use cellphones when they can becausue they are cheaper. I don't think that is in dispute. There are ranchers in the Pampas, sheep ranchers in the Australian outback, tobacco farmers in Zimbabwe, and Game farmers in South Africa. But not many. Gstar is going after wealthy people with their dual mode phone - not super rich by US standards, but relatively well-off. Most of those people live in cities. Most people of all sorts live in cities. Cities already have cell phones. Cell phones are more important where there are not decent landlines. Cell phones are the intoduction to Gstar, and the competition. I wholehearted agree with MAurice that there is demand from the poor too. I have said that I think payphones could be very profitable. In Africa, males go to the cities, leaving their wives behind to look after the land and children. I believe this also happens in Mexico, perhaps many countries. The dual mode phone is not for them. One Gstar payphone in a poor village could attract much more business than a couple of dozen dualmode phones. The dual mode phone will go to people who are used to cell phones. They want improved coverage. The dualmode offers that, but the improved coverage is limited in ways we have discussed. The question is whether that (limited) improvement is worth the extra weight, bulk, and cost.

To: RMiethe who wrote (4402)	5/1/1999 8:35:00 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 29987

Sorry RMiethe, I can't add knowledge to the link margin, antenna gain, multipath and power control total effects and how well Globalstar handsets will give people convenient use of their handsets in a variety of environments where there are some leaves, branches, rain, clouds, windows, concrete tiles or multistoried reinforced concrete buildings between them and the Globalstar satellites. That's because I don't understand the issues and even if I did, I don't think I could translate them into a real world expectation of how many subscribers would be satisfied. My guess from what I have heard is that connection, voice quality and overall performance will be better than Iridium. I guess it is going to be suck it and see [if it's a lemon]. Iridium seems poor according to reports, but how much of that is people expecting unreasonable connection through corrugated iron and how much is a tenuous connection I have no idea. On convenience, I think Valueman, you and AJMullen are all correct. Valueman that there are solutions for people who want handsets to work well in their car [but that doesn't help when in somebody else's car] and other environments, you that the main market is not going to be the convenience crowd, and AJ that there will be plenty of people who would get one if they can use it conveniently. Convenience is just one of the many limitations, but I don't see it as being a major problem and that problem will reduce very, very much as technology develops and Constellations2, 3 and 4 are launched. Maurice

To: RMiethe who wrote (4402)	5/2/1999 11:28:00 AM
From: limtex	Read Replies (1) \| Respond to of 29987

RM - I don't what all this First World, Second World, Thirld World, farmers on tractors, and people going to socer games and parks has to do with things. All that coutns is who is prepared to (a) pay for a handset and (b) pay what looks like according some of the latest posts here a figure of over $4.00 per minute to make calls? It doesn't matter what # World they come from I could care less so long as they are prepared to talk for hours at $4.00 per minute. If, that is, $4.00 per minute is correct. Last year we were talking about 70c or 80c unless my memory fails me as it might because of over use of mobile phones. So where are we? $4.00 or 80c. Makes a huge difference. Regards, L