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

To: djane who wrote (4897)	5/26/1999 2:09:00 AM
From: JOHN ASHBOLT	Respond to of 29987

Globalstar Launches then Stumbles All the more reason for G/star to implement the Initial Offer,instead of meandering down the same path as Iridium. Sell the phones and give away some minutes, they are there to be utilised, so why not use them productively and get people talking. So far things have been coming together nicely (apart from 12) and I find it hard to swallow the fact that at such a crucial crossroad G/star is going to blindly stumble into the market place thinking that people will snap these phones up like six packs. The cellular world has come a long way since G/stars inception and people have a lot of choices when it comes to cellular coverage, it is getting better all the time, I,ve got to admit it,s getting better, all the time. G/star has to make this service so attractive and so affordable that word of mouth will help carry the momentum forward and upward. To see Bernard Schwartz on MoneyLine today being implicated in the Cocks report (sorry Cox) gave me a little jolt, not because I did not know but because it makes me realise how precarious the situation is. He did look happy though so maybe everything is just fine Initial Offer, lets blow the rest away and then go play. John.

To: djane who wrote (4897)	5/26/1999 3:22:00 AM
From: djane	Respond to of 29987

5/25/99 - LHS Group Signs Global Agreement With AirTouch International and Contracts with AirTouch Ventures for GlobalStar Customer Care and Billing Solution (via G* yahoo thread) ATLANTA/FRANKFURT (May 25) BUSINESS WIRE -May 25, 1999--LHS Group Inc. (Nasdaq:LHSG )(Neuer Markt:LHI) today announced the signing of a global strategic supplier agreement with AirTouch International (ATI), covering the exchange of technical and marketing information relating to LHS" products and services and ATI"s ventures worldwide. At the same time, the company announced that it has entered into agreements with ATI global venture partners AirTouch Satellite Services U.S., Inc. (ATSS), AirTouch Satellite Services Loral Canada Company (ALCC), and Globalstar de Mexico, for the licensing, customization and implementation of LHS" Business Support and Control System (BSCS) and Web Service Center software. ATI is a subsidiary of AirTouch Communications, Inc. (NYSE:ATI ), the largest wireless company in the world based on the 44 million customers served by its global ventures. ATSS, ALCC, and Globalstar de Mexico hold rights to provide Globalstar satellite communication services in the United States, Canada and Mexico, respectively. As part of the global supplier agreement, ATI ventures will benefit from volume purchasing terms for LHS" BSCS software. BSCS is LHS" flagship client/server-based customer care and billing system. BSCS is already licensed to ATI ventures Click GSM in Egypt and RPG Cellular in India, in addition to ATSS, ALCC and Globalstar de Mexico. "We are pleased to be able to deepen our relationship with LHS, one of the leading global customer care and billing providers," said Vern Tyerman, vice president International Operations, AirTouch International. "We believe this agreement will provide significant benefit to our ventures by allowing them more insight and influence into the LHS product set." "This agreement allows LHS to assist AirTouch in their efforts to further develop their presence worldwide," said Per Axelsson, LHS senior vice president, global partner sales. "At the same time, it provides LHS with a tremendous opportunity to participate in the future growth of AirTouch operations." For the ATSS, ALCC, and Globalstar de Mexico implementations, LHS and partner Logica will combine their customer care and billing expertise to provide a fully integrated billing solution. The Logica and LHS team will integrate and test all components of the systems, manage the implementations through systems launch, and provide ongoing maintenance and support. About AirTouch International AirTouch International is a subsidiary of AirTouch Communications, Inc. (NYSE:ATI ), the largest wireless company in the world based on the 44 million customers served by its global ventures. AirTouch has 19 million proportionate customers based on its ownership share in cellular, paging, and PCS in the United States, Belgium, Egypt, Germany, India, Italy, Japan, Poland, Portugal, Romania, South Korea, Spain and Sweden. It also has an interest in the Globalstar satellite system and Globalstar service provider rights in North America and the Caribbean. Globalstar services available through AirTouch"s network of certified distributors will include voice telephony, short text messaging, voice mail, data (such as Internet e-mail), and fax services. A small, handheld, multimode phone will operate on both 800 MHz analog and digital (CDMA) cellular systems, as well as the Globalstar satellite system when outside cellular coverage. For more information, visit AirTouch"s website at www.airtouch.com. About Globalstar Globalstar, led by founding partner Loral Space & Communications, is a partnership of the world"s leading telecommunications service providers and equipment manufacturers, including Qualcomm Incorporated, AirTouch Communications, Alcatel, Alenia, China Telecom (HK), DACOM, DaimlerChrysler Aerospace, Elsacom (a Finmeccanica Company), France Telecom, Hyundai, Space Systems/Loral and Vodafone. For more information visit Globalstar"s web site at www.globalstar.com. About LHS LHS is a leading global provider of convergent client/server modular customer care and billing software and services for the telecommunications industry. Its over 140 systems are installed in more than 70 countries, operating in 13 languages. In addition to its Atlanta headquarters, LHS has major offices in Frankfurt, Germany; Kuala Lumpur, Malaysia; Boston and Miami, USA; and Zurich, Switzerland. LHS is listed with NASDAQ (LHSG) and on the Frankfurt Neuer Markt Exchange (LHI). For more information, visit LHS" web site at www.lhsgroup.com. -0- ys/at* CONTACT: Media Contacts: LHS Group Inc. Klaus Kleber, 770/280-3461 (USA) kkleber@us.lhsgroup.com or Andrea Willige, +49 (0) 6103-482-778 (Europe) awillige@de.lhsgroup.com or Investor Relations Contacts: Rainer Westermann, 770/280-6360 (USA) rwestermann@us.lhsgroup.com or Nicolas Stackelberg, +49 (0) 6103-482-456 (Europe) nstackelberg@de.lhsgroup.com

To: djane who wrote (4897)	5/26/1999 3:27:00 AM
From: djane	Respond to of 29987

Failed launches hurt US firms more than Cox report Tuesday May 25, 8:38 pm Eastern Time By Chris Stetkiewicz SEATTLE, May 25 (Reuters) - A rash of embarrassing rocket launch failures will hurt U.S. satellite makers far more than congressional allegations that the industry fed China sensitive technology, analysts said on Tuesday. Lost deals with China could cost U.S. companies as much as $1 billion a year in revenues over the next decade, but solid demand in the United States and elsewhere will still make satellite launching a lucrative business. ''You hate to see this big a market disappear but it should not be damaging in the long term. The business base is growing substantially,'' said Jon Kutler, president of Quarterdeck Investment Partners, an investment bank focusing on aerospace and defense. ''What's more damaging is the recent spate of launch failures, which do more to hurt the overall credibility of the market,'' he added. Analysts estimate U.S. companies might have sold from two to five large commercial communications satellites annually to China with a price tag of $150 million to $200 million a pop. But a report by a special House committee charging U.S. companies illegally helped China collect sensitive technology will block U.S. firms from the Chinese market for now, analysts said. The report of the committee, headed by California Republican Christopher Cox, accused Loral Space & Communications Ltd. (NYSE:LOR - news) and Hughes Electronics Corp. (NYSE:GMH - news) of failing to meet U.S. laws restricting technology exports, though both companies firmly denied any wrongdoing. ''Hughes, Loral and Lockheed Martin (Corp.) (NYSE:LMT - news) were really starting to develop a market in China. This relationship has been put on the back burner for now,'' said Marco Caceres, senior space analyst at Teal Group. ''Certainly the Chinese will not be as willing to award contracts to U.S. companies knowing they'll have to endure tremendous scrutiny,'' he added. But the two dozen or so annual large satellite launches by the rest of the world will still fuel solid growth for U.S. companies, assuming the vast and burgeoning communications industry hasn't lost faith. ''The insurers and the system providers are all rethinking their strategy in light of the launch failures, and you've also turned off certain markets on Wall Street for financing,'' Kutler said. ''But in the long term, this is a tremendous business. With all these constellations being put up right now, its promise is somewhat analogous to the Internet's. But unlike the Internet, the capital involved is huge,'' he added. Four of six U.S. satellite launches failed from April through early May. The costliest accident involved a Lockheed Martin Titan 4 rocket veering off course on April 30, leaving a sophisticated $800 million military communications satellite in the wrong orbit. Over a nine-month period two satellites were blown apart in midair explosions, three marooned in the wrong orbits and another vaporized in the atmosphere. Over $3.5 billion of space hardware was lost. Analysts voiced serious doubts that any major defense contractor had knowingly compromised U.S. national security, asserting that most people in that industry are unusually patriotic. ''I think companies like Hughes and Loral have taken a bad rap. They're not going to intentionally do anything illegal,'' Caceres said. Loral stock fell 38 cents to $17.16 on Tuesday while Hughes shares lost 75 cents to close at $56.50. Copyright © 1999 Reuters Limited. All rights reserved.

To: djane who wrote (4897)	5/26/1999 3:32:00 AM
From: djane	Read Replies (2) \| Respond to of 29987

Motorola pulls workers from Teledesic project Tuesday May 25, 7:18 pm Eastern Time CHICAGO, May 25 (Reuters) - Wireless communications and semiconductor maker Motorola Inc. (NYSE:MOT - news) is pulling workers off its ''Internet in the sky'' project with closely held Teledesic LLC, a Motorola company spokesman said Tuesday. ''Motorola did do a small internal realignment,'' said Motorola spokesman Robert Edwards. ''Motorola is still in negotiations with Teledesic regarding the contract.'' Motorola would not disclose how many workers had been shifted away from the satellite project. Under an agreement announced in May 1998, Motorola got a 26 percent stake in Teledesic for $750 million and is the principal contractor in the venture that is backed by Microsoft Corp. (Nasdaq:MSFT - news) chairman Bill Gates and wireless communications entrepreneur Craig McCaw. Teledesic is developing a satellite communications network to provide affordable telecommunications services including Internet access, video-conferencing and other services. A spokesman for Bellevue, Wash.-based Teledesic said Motorola was reallocating resources to Iridium LLC (Nasdaq:IRID - news), which is a financially troubled global satellite phone system in which Motorola has an 18 percent stake. ''Obviously Motorola's immediate priority is ensuring that the Iridium system performs up to expectations,'' said David Bowermaster, spokesman at Teledesic. ''We strongly encourage that effort by Motorola.'' Motorola and Teledesic are still working together to finalize the details of the satellite system design and the system agreement, both companies said. ''The design work between the two companies is continuing,'' Bowermaster said. Motorola's Edwards said the realignment ''was not really about Iridium,'' rather the company was taking a look at other strategic business opportunities beyond satellite and said some of the projects where the workers were shifted were land-based. Shares of Motorola closed off 7-9/16 at 79. Copyright © 1999 Reuters Limited. All rights reserved.

To: djane who wrote (4897)	5/26/1999 3:36:00 AM
From: djane	Read Replies (2) \| Respond to of 29987

Motorola Shares Drop on Speculation of Iridium Charges Schaumburg, Illinois, May 25 (Bloomberg) -- Shares of Motorola Inc., the world's No. 2 maker of cellular phones, fell as much as 8.8 percent after a Dow Jones Newswires column speculated the company have to take several hundred million dollars more in charges if Iridium LLC goes bankrupt. Motorola fell 6 1/2 to 79 7/8 in late trading of 4.82 million shares. Earlier, the shares touched 78 3/4. Motorola owns 19 percent of satellite communications provider Iridium, which earlier this month said it may default on bank loans because it won't meet subscriber and revenue targets. The Dow Jones column said problems with Iridium and other Motorola satellite projects also could hamper Motorola's future sales growth. ''If Iridium fails, Motorola would be left with a lot of debt and that has people concerned,'' said Chris Chaney, an analyst at A.G. Edwards, who rates Motorola ''maintain.'' The company would owe lenders or not be able to collect from Iridium $930 million, the column said. Iridium shares fell 7/16 to 8 3/4. NYSE/AMEX delayed 20 min. NASDAQ delayed 15 min. Access More Information and Services Above ©1999 Bloomberg L.P. All rights reserved. Terms of Service, Privacy Policy and Trademarks.