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

To: Pierre who wrote (4633)	5/15/1999 9:49:00 PM
From: RMiethe	Read Replies (1) \| Respond to of 29987

Excellent question on "phone production", which I had made further inquiry into. I had calculated 100,000 phones by year end 1999, and 40,000/month thereafter-- getting to only 580,000 handsets by year-end FY 2000-- these are management's numbers. However, in asking further about this, the numbers above exclude fixed site phones. I have not been able to get a number on that since this is in the hands of Schlumberger. Last I knew (mid-March) the regional telcos were still working out those numbers with Schlumberger. Your very good point Pierre will be brought up to Globalstar management at the Globalstar shareholder meeting this Tuesday, and I am sure one of the posters here, if not myself, will have a clarification for you shortly thereafter.