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To: Jeff Vayda who wrote (8941)	1/24/2001 7:48:16 PM
From: JMD	of 10851

Jeff, re: "Sour Grapes? BLS dreamed more than he has delivered to date. So that's a crime?" Not to put too sharp a point on it, but the answer to the question is "YES" . In my view, the only thing management is paid for is the execution of the business plan. Execution, not dreaming. I've had some fabulous dreams Jeff, but dreams ain't worth a p*ss in the wind when it comes time to pay the rent. If your first question [sour grapes] is asking if I'm bent out of shape at having lost a truckload on Loral, the answers are yes/no. Of course I'm angry to lose money. Frankly, I'd have myself shipped to the funny farm if I weren't mad. Taking a rocket to your net worth is not supposed to elicit some version of 'don't worry be happy', at least in my opinion. OTOH, if you're asking am I BLAMING anyone but myself for picking this stock, then the answer is "NO". I'm a big boy, did my own DD, and bought into a loser. [unfortunately I persuaded a load of friends to do the same] The responsibility is mine, pure and simple--no sour grapes. It's not about a personality cult, Jeff, it's about money. A commodity I have less of--cuz I bought into the dream too. Kind Regards, mike doyle

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To: SKIP PAUL who wrote (8948)	1/24/2001 7:54:58 PM
From: go_globalstar	of 10851

VODAFONE: Vodafone UK extends Globalstar service across the Atlantic JAN 24, 2001, M2 Communications - Vodafone UK has announced that roaming on its Globalstar mobile satellite service is now available from the UK to North America (including Canada), with coverage extending across the Atlantic. Vodafone UK customers can now experience 100% coverage using their existing GSM SIM cards and mobile number across Western Europe, Australia and North America. Globalstar is an ideal solution for professions such as the marine industry, utilities, international charities and the construction industry - any workers or travellers whose interests take them to remote areas of the world. "Vodafone UK now offers its customers roaming agreements with 272 networks across 122 countries," said Paul Donovan, Managing Director (Commercial), Vodafone UK. "The introduction of Globalstar roaming in North America and across the Atlantic ensures that our customers benefit from the maximum use of their mobile phone in even more areas of the world." Customers use a dual mode Globalstar handset, which operates on the GSM900 frequency and switches to Globalstar satellite mode when required. Text messaging (SMS) and voicemail are available on the Globalstar service, with additional data capabilities scheduled for September 2001. The Globalstar system comprises 48 low-earth-orbiting (LEO) satellites that transmit calls to and from a mobile Globalstar phone via a network of land-based gateways, with each gateway operator owning the rights to a specified territory. A progressive rollout of commercial Globalstar services began at the end of 1999, and there are currently 54 countries in full service, with limited service initiated in a further 55 countries. Globalstar is a consortium of leading international technology and telecommunications companies. Vodafone Group Plc was a founding partner of Globalstar and has maintained an interest in the development of the service, currently holding a 6.5 per cent share in Globalstar (on a fully diluted basis). Vodafone is Globalstar's largest service provider partner. For more information visit the Vodafone website at www.vodafone.co.uk/satellite or the Globalstar website at www.globalstar.com. NOTES TO EDITORS: Full service is defined as having handset availability, service and distribution channels in place. * Globalstar, led by founding partner Loral Space & Communications, is a partnership of the world's leading telecommunications service providers and equipment manufacturers, including co-founder Qualcomm Incorporated, Alenia, China Telecom (HK), DACOM, DaimlerChrysler Aerospace, Elsacom (a Finmeccanica Company), Hyundai, TE.SA.M (a France Telecom/Alcatel company), Space Systems/Loral, and Vodafone Group Plc. * If a customer is not already connected to the Vodafone network they will need to purchase a GSM mobile phone and sign a contract in order to access the service. * There are two Globalstar handsets - the Ericsson R290 (GBP1200) and the Telit SAT550 (GBP800). Please note that these prices are not subsidised and are intended as a guide only, as handset costs are determined by individual service providers. * There are a range of tariff prices according to where calls are originated/terminated. As a guide, the UK domestic tariff (for calls within the UK and from the UK to Western Europe and the USA) is approximately $2.24 per minute. As with all roaming charges, Globalstar call charges may be subject to service provider mark-up, VAT and fluctuating exchange rates.

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To: SKIP PAUL who wrote (8948)	1/24/2001 10:20:12 PM
From: Valueman	of 10851

The theory that G* is worth nothing in bankruptcy is total bunk. Don't rely on that as some cornerstone of an investment thesis. It's worth A LOT to the right people, such as our own DoD. They could give a rat's ass about Vodafone's gateways. Q will be more than happy to supply the mobile gateways for military use. I am certain they could even develop the same type of mobile gateway for maritime use. The military are used to very low data rate satellite communications. A lot of the EHF system is 9.6K. They rely on that for data transmission in many cases. If G* can be rejiggered at anything equal to or better, you have yourself a DoD special. If I owned a Tonka full of G* bonds, I would definitely vote for bankruptcy, pinhook the constellation to the DoD, and let Bernie and his glorious SP's bite me.

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To: Jon Koplik who wrote (8955)	1/26/2001 8:52:36 AM
From: Jeff Vayda	of 10851

EuropeStar establishes operations in Southern Africa; New Cape Town office to oversee regional sales and services library.northernlight.com Story Filed: Thursday, January 25, 2001 12:40 PM EST JAN 25, 2001, M2 Communications - NEW YORK -- EuropeStar, a joint venture between Alcatel Spacecom of France and Loral Space & Communications (NYSE:LOR), has officially initiated service in southern Africa with the establishment of a regional office in Cape Town, South Africa. The EuropeStar office is headed up by Roy Ingle, the company`s regional director for Africa, who will oversee EuropeStar`s activities throughout South Africa, Zimbabwe, Mozambique, Lesotho, Botswana, Namibia and Swaziland. "With southern Africa`s ongoing deregulation of the telecommunications sector, this region is expected to see a rapid rise in demand for intra-Africa and intercontinental communications systems," said Alain Roger, CEO of EuropeStar. "EuropeStar`s satellite resources are particularly well suited to meet this demand with high-powered, high-capacity service to and from virtually any location in the region." About EuropeStar EuropeStar is a new satellite owner-operator headquartered in London, providing local support and presence within its diverse regions through operating offices in New Delhi, India, and in Cape Town, South Africa. A satellite control center is in Toulouse, France, with backup facilities in Rambouillet, France and Hawley, Pa. Europe*Star is also a member of the Loral Global Alliance. For more information, visit www.europestar.com. About Alcatel Space An affiliate of Alcatel (51%) and Thomson-CSF (49%), Alcatel Space generated a 1999 turnover of 9.3 billion francs (1.4 billion Euros) and employs 5,500 people. Alcatel Space has partners around the world, subsidiaries throughout Europe, and a strong commitment to R&D. Alcatel Space plays an important role - as prime contractor, operator, investor, or service provider - in many ongoing space programs for telecommunications, navigations, optical and radar observation, meteorology, and sciences. For more information visit www.alcatel.com/space About Loral Space & Communications Loral Space & Communications is a high technology company that concentrates primarily on satellite manufacturing and satellite-based services, including transponder leasing and value-added services, domestic and international corporate data networks, global wireless telephony, broadband data transmission and content services, Internet services, and international direct-to-home satellite services. For more information, visit Loral`s web site at www.loral.com. Copyright 1994-2001 M2 COMMUNICATIONS LTD CONTACT: Mac Jeffery Tel: +1 212 338 5383 e-mail: mac.jeffery@hq.loral.com Marie-Pierre Bloch Tel: +44 (0)20 8831 4500 e-mail: marie-pierre.bloch@europestar.co.uk ((M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at presswire.net on the world wide web. Inquiries to info@m2.com)). Copyright © 2001, M2 Communications Ltd., all rights reserved. You may now print or save this document.

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