SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 50.53+4.7%Nov 7 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: djane who wrote (8032)10/26/1999 4:33:00 PM
From: David Wiggins  Read Replies (1) of 29986
 
djane, I never thought I'd say it, but at this point, I'm beginning to doubt the value of Bernard Schwartz' word.

I recall the spokesman for Telital saying at the Telecom 99 conference that they had the capacity to produce 1 million Globalstar handsets a year THEMSELVES if the demand warranted it.

As I also recall, when Iridium started having troubles, their course of action was to blame it on the guess what - lack of availability of handsets - from Kyocera. I sure hope this is not deja-vu all over again.

Bernie did pretty well when his main customer was the military. Since he got into the non-military sphere, seems he's not so great at competing off the gravy train. At least he hasn't proven it yet. He did learn how to be a great propogandist from the military. It seems, however, that he has not learned the lessons of Russia,China, et. al. - namely, propoganda will only get you so far.

Mr. Schwartz, as one of your loyal mushrooms (kept in the dark and fed - well you know what) I politely ask, "Where's the beef?"

Regards, Dave
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext