Maurice:
Have been following Globalstar for awhile, since Djane and GdiChaz recommended it here and elsewhere. Interested, but would say, particularly in view of gorilla-hunting principles, that it is early, and is only at the beginning of the chasm which it has yet to cross. IOW, it still needs to complete its satellite launches, then sell worldwide to achieve widespread adoption. The chasm (gorilla-speak) is not crossed until then. After that, revenue growth/earnings growth should explode at ~ 80-100% to be inside the tornado and approaching gorilla-hood. Its potential can make one drool, but it seems to be a very long way off.
On the globalstar thread, you and others have had excellent discussion about the many potential pitfalls that lay ahead. For example, inability to transmit when under trees, under cloud cover, insufficient testing of the LEO network under conditions other than ideal, size/clumbsiness of handsets, etc. First LEO network is chiefly for voice; no data transmission, which is where the greater potential is found in telecommunications.
2 questions to provoke you into educating me and my thread members here:
1. Would you like to expound on the many pitfalls for us, and
2. Why invest in Globalstar if one is already invested in Q, which already will benefit in the way of satellite handset sales, royalties?, and already has a 5-8% position in globalstar?
TIA,
Stan |
