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Technology Stocks : Globalstar Memorial Day Massacre

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To: Jon Koplik who wrote (138)5/12/2000 7:46:00 AM
From: Maurice Winn  Read Replies (1) of 543
 
I'm the editor of this stream Jon. I can skoosh any wayward people. No time just now. Meanwhile:

< To: tero kuittinen who wrote (4718)
From: sisuman Thursday, May 11, 2000 9:56 PM ET
Respond to Post # 4722 of 4727

In Business Week's Online Edition of May 22 (which I receive on AOL) the International Edition has a cover story entitled Wireless in Cyberspace, which, despite broad coverage is an interesting conceptual view of the 3G future and some of the world competition. One article indicates that Vodafone expects to spend $8 billion on its wireless internet network in the UK. An overall forecast for 3G buildouts for the next 5 years is given as $1 trillion, or an average of $200 billion per year. Sounds like mucho infrastructure business for all competitors. Realistic?
>

Gee, that's a lot of money compared with our world-wide CDMA network which only cost about $4bn to build. The fundamentals of Globalstar will become increasingly apparent. Probably starting tomorrow [judging from the Rambus graph].

People really don't seem to get it and are focused too strongly on how much dilution we get from the next 4 months of slow sales and the need to raise money to carry on.

Mqurice
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