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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 60.36

-7.0%

Jan 26 3:59 PM EST

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To: Maurice Winn who wrote (5160)	6/11/1999 3:12:00 PM
From: JMD	Read Replies (1) of 29987

MASSIVE WARNING TO G* THREAD: THE FOLLOWING AIDS AND ABETS MAURICE'S PRICING MANTRA. O.K. M. your ship has come in. Seems there's an outfit in Boulder, Colorado [hey they even have real Rocky Mountain sheep there!] by the name of SignalSoft. These dudes have written code to help wireless carriers comply with an FCC requirement, to wit: 'be able to pinpoint the cell site receiving a 911 call from a mobile phone . . . .within 125 meters 67% of the time'. (side note: only AT&T had complied by the 4/1/98. Guess the rest of the guys thought it was an April Fool's joke). Anyway, not content with the locational stuff, SignalSoft just kept coding away and have allegedly created software that ". . .lets carriers bill callers based on their location AND TIME OF CALL" {caps added} Article cites an example of a cell phone user being billed at a lower rate when the call originates from his house --to match the user's wireline residential carrier--and to receive real time bids for near-by hotel rooms [modest forbids me to comment on the circumstances which would give rise to a cell user needing a quick quote on proximate hotel locations, perhaps another day]. Long story short, it appears that the road is clear for "current price is", god help us. [full article: Red Herring, July 99, page 36) Regretfully submitted, Mike Doyle

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