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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Jay Lowe who wrote (16212)11/16/1999 7:02:00 PM
From: Jay Lowe  Read Replies (1) of 27311
 
Info from GSTRF thread ... while it looks like there has been a limited run of the QCOM phones, the actual service initiation is slipping until spring, which corresponds to the timing implied by the PO.

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Not so fast there Greg. I've already used it! Admittedly I had to fly to Geneva and was not allowed to buy a phone and there was nowhere to connect to if I had been allowed to buy a phone. But I am NOT one of the last two people to use G*.
The Qualcomm phones worked really well. So, where are they? 10,000 handsets seem to have disappeared into thin air. There should be another 10,000 somewhere too, because production is underway and only a month to the end of the year when there will be 40,000 or some such.

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There is NO SERVICE yet. I talked to a nice man at Globalstar IR today after two more calls. He was very nice, but I'll tell you, those folks are capable of more semantic contortions than an Arkansas president with his pants down. After pinning them down to a definition of service = the ability for someone to buy a phone and then use it somewhere, I was told that there is no service launch. That statement to contrary was in error. There will be no service anywhere until January. South America, China, and South Africa were mentioned. No US service until February.

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Globalstar rollout reviewed
Message 11953718
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