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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 50.53

+4.7%

Nov 7 9:30 AM EST

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To: arun gera who wrote (12602)	5/11/2000 3:33:00 PM
From: arun gera	Read Replies (1) of 29986

More on Omnitracs There are 350,000 Omnitracs out there. Correction to my previous post,Omnitracs communicate using satellites. Qualcomm also has a service called trailertracs. Omnitracs is installed in the tractor cabin. For every tractor in a trucking fleet, there are 5-10 trailers. So you can imagine the size of the market. Currently trailers are not widely tracked. So if a trucker leaves the trailer in a parking lot for delivery or for pick-up by another trucker, the trailer is not tracked. A trailer could contain hundreds of thousand dollars of goods of inventory. Companies don't want to lose track of that inventory. Therefore the Trailertrac. Trailertrac could be a much cheaper than the Omnitracs. It could be polled once or twice a day to track its location. I think Qualcomm is using Orbcomm for the trailertrac currently. Orbcomm is an LEO, low data transfer constellation. Don't be too surprised, Qualcomm could shift to Globalstar in years to come. Arun

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