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Technology Stocks : George Gilder - Forbes ASAP

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To: Dan B. who wrote (4270)5/14/2000 6:26:00 PM
From: OWN STOCK  Read Replies (1) of 5853
 
Jambo Dan!

Really? Are those advantages things like cost (airtime and equipment and ground stations and depreciation on satellites)? I should warn you, I know a bit about GSTRF. Used to work in aerospace as a systems engineer. We called one of the ventures CellStar in those days. At least we knew phone service was going to be free, and NEVER launched it. Sold Bernie our analysis, and recovered our costs.

On the basis of that informative analysis, and some luck, I quit aerospace and went into fiber and telecomm components.

My friend, phones and connect time are going to be FREE in a couple of years. If you think its hard to justify G* costs now, just wait 24 months...it will be totally impossible.

I really hope you are not one of those people who stare at nits, and hope they will lift an elephant out of the mud? Trees and forest stuff? The architectural / political differences between I* and G* make not one iota of difference. The basic fact is: the worldwide demand for the type of service G* is offering was well demonstrated with I* to be so small as to be easily ignored, call it micro-niche.

For the small pittance of market available to G*, it will not be worth even manning the gateways...let alone sending up replacement satellites...

IF G* (or I* for that matter) had been able to execute about TEN or FIFTEEN years ago, then they would have been rich as thieves...now they, their subscribers and their shareholders are or will be living in the middle of the jungle...

The poor nations and people of this world (and a few jet-setting idiots) out there appreciate your CHARITY WORK...they will get a few years of phone service out of it, as G* goes BANKRUPT too...

-Own
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