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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 55.68-1.8%11:39 AM EST

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To: Rocket Scientist who wrote (8316)11/12/1999 6:00:00 PM
From: william i smith jr  Read Replies (1) of 29987
 
RS- Yesterday,I had the pleasure to hear Dr. Jacobs speak at the local MIT forum. His dynamic presentation of the HDR future may justify QCOM's lofty price. After the talk, I went up front and asked him, "Will Globalstar succeed?" He grins, and pulls a G* phone from his coat pocket! (Never having mentioned G* in his presentation.) He was confident that the company would succeed, saying "we only need 1 million subscribers." Then he adds, "The production model WILL HAVE a transparent antenna so it is not mistaken for a gun." WILL HAVE--not does have. It looks like we WILL HAVE a long wait for significant numbers of phones.

Bill
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