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Technology Stocks : Globalstar Memorial Day Massacre

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To: Maurice Winn who wrote (53)5/11/2000 6:50:00 AM
From: rf_hombre   of 543
 
Bingo!
<Vodafone will be able to sell Globalstar service to Australians without that huge spectrum cost. The cost of a minute [or megabyte] with Globalstar might be cheaper than terrestrial. Cool.>

You hit the nail on the head.
Hypothetical question to operators:
"What do you prefer guys, to pay $15B (10B license + 5B capital cost) for a still to be market proven not fully developed WCDMA technology, or go with an upgradable, scalable, universal (hint:the U in UMTS stands for Universal) QCOM 2.5 G service at..hmm...no cost?"

Lets form a "Convoy" and drive our Tonka trucks all the way to Wall Street on May 29th!
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