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


To: Maurice Winn who wrote (4525)5/15/1999 1:54:00 AM
From: djane  Respond to of 29987
 
A Winn positive on ICO? Say it ain't so :-)) (don't tell Maurice...)

Talk : Communications : ICO Global Communications, Inc.

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To: Joe Brown (0 )
From: Tarken Winn
Friday, May 14 1999 10:35PM ET
Reply # of 19

I have done some research into ICO and so far am impressed by what I have seen.
However, I have been unable to determine what percentage of the company the publicly
traded ICOGF stock comprises. Does anyone know? According to Yahoo, there are
211.5 million shares outstanding giving a market capitalization of 1.68 billion. GSTRF
has a market cap of 1.77 billion, but this represents only 30 percent of Globalstar LP so
the entire company is actually valued at around $5 billion. Is ICOGF similar?

To me, the most appealing thing about ICO is the small size of their handsets. This is the
biggest problem I have with the Globalstar system - will people sacrifice the
convenience of a pocket-size phone for 'full coverage'?. [I presume small ICO handset
size corresponds to reasonable battery life?]

Any comments would be appreciated.

Tarken