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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 61.21+1.8%Dec 2 3:59 PM EST

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To: Maurice Winn who wrote (5653)7/11/1999 12:03:00 AM
From: RMiethe  Read Replies (3) of 29987
 
Mr. Winn: sorry this time. I will take a Qualcomm engineer's answer on these questions this time over your response.

The phone does work through tree leaves. On that you are wrong. I assert that without fear of any empirical disproof. I am not going to go through all the other responses you made, since I consider it a waste of your time and mine.

I do believe the questions asked about this telephony system in the post to which I responded to be rooted in a skepticism that marks the minds of old men, bitter I would even say. I have come to find skepticism to be neither profitable or healthy-- though, like drinking it may be fashionable. I got over the skeptical thing in my late thirties after having been made a fool of frequently on various investments, one of them being my skepticism about Qualcomm. Fortunately for our clients, I did not have any say in keeping the stock. Good for them that I didn't-- because they would not have the massive profits they enjoy today if my skepticism had been the determinant of whether the position should be held.

I am reminded with some of the technology questions on this board of old checker players, old men, in the park who have seen everything pass them by, and believe in nothing anymore. There is comfort in the past, yes,-- but not profit.

Fortunately for Globalstar shareholders the management of Globalstar, old as its chairman is, never got into that mode.

My only concern with Globalstar is the pricing and the marketing now--on which I think your comments are 100% correct and invaluable. I do think in fact that your comments did have a large impact at Globalstar, however you may not realize that. I do learn from others who are studying Globalstar that the flexibility in pricing you have reasoned for so persuasively is going to be the way Globalstar goes.

But on the technology questions -- my answers in my post remain. I am supremely confident in their correctness. And supremely confident that the motivations behind the questions were in no way benign.

Not in any way.
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