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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 62.25+6.2%Dec 19 9:30 AM EST

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To: Jeff Vayda who wrote (8147)11/2/1999 3:50:00 PM
From: Maurice Winn  Read Replies (1) of 29987
 
Jeff, a quarter is not huge in the 10 year plan, but why waste a quarter. It means a quarter delay in getting to a full constellation and a quarter delay in maximum profits. That is serious money. We have 10bn minutes a year going to waste right now. That is $10bn in value to subscribers going down the drain right now. That is $1bn a month. That is real money to most people.

Qualcomm should absolutely keep the Globalstar handset business. They have NO cdmaOne competitors unlike in the terrestrial market, so they can clean up. Don't forget the technology trend - terrestrial is going to go cdma2000 or W-CDMA in 3 years so that means Qualcomm will get an increasing share of the business. Ericsson will be stuck with the legacy GSM networks and single mode Globalstar phones. Same for Telit.

When there are 20m Globalstar phones in use, being replaced every 3 years, Qualcomm will be making a very, very large amount of money as sole supplier of cdma2000/cdmaOne/W-CDMA/Globalstar handsets. They haven't licensed anyone else for QCDMA in space! Well, I don't think so anyway.

Don't forget, when Orbitel [NOT Ericy, who denied at the time that QCDMA would even work on earth let alone in space] signed a licence for Globalstar handsets, GSM ruled the terrestrial digital world and seemed set to take over completely. So it would have been of little concern or interest to Orbitel or Telit to think about the weird new standard QCDMA which was starting to appear from San Diego for terrestrial networks.

Qualcomm will do EXTREMELY well from Globalstar.

Maurice
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