Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 65.40

+2.1%

11:01 AM EST

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To: JGoren who wrote (4876)	5/24/1999 6:03:00 PM
From: Maurice Winn	of 29987

The manufacturers are reluctant to ramp up production on G phones too early because it hurts their proft.* True enough, that's why Vodafone, China Telecom etc should get their orders in NOW! Q! and Ericy won't produce handsets unless they are sure of sales. Rightly so. With the announcement of Qualcomm's MSM5000 for cdma2000, it seems that the Globalstar upgrade path in terrestrial mode is already underway. If we can sell Web access via Globalstar it will be a big selling point. That won't be any time soon, but maybe in a couple of years. As you say, Vodafone and co should get their chequebooks out right now to ensure timely deliveries of handsets. Globalstar should slash the minute price as a big introductory special to get the whole thing moving. As a Q! shareholder, I don't want to be producing handsets which might sit in our warehouse if The Service Providers and Globalstar won't show confidence in their product. Piercing eyes are not a way to show confidence. Cash is the best way. I hope Qualcomm isn't producing any handsets which haven't been already paid for [we don't want to be unsecured creditors to Iridium2]. Maurice PS: John Stichnoth, I for one appreciated your careful share number analysis! Please keep it up. I bet many like to read it.

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