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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 62.88-0.5%Nov 14 3:59 PM EST

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To: Rocket Scientist who wrote (13482)6/14/2000 1:23:00 AM
From: Maurice Winn  Read Replies (1) of 29987
 
RS, they built several gateways across Europe, so I suppose they planned on getting at least 20,000 customers per gateway. Surely there are holes all over Europe and people would like to pop a Globalstar phone in the glovebox so they are always able to make a call.

But at $1000 a throw, plus $400 a year for staying connected, and $2 a minute, I suppose demand would be low. Because of the rotten standby time of the Ericy phone, they would be left turned off and used only for outbound calls.

They say unavailability of phones was slowing customer growth. That's what Iridium tried to claim as the problem and I heard we had learned from Iridium's mistakes, high prices etc. I thought Telit and Ericy both have had phones available for a couple of months now [longer than that for Telit] so it's a weak claim.

Maybe Elsacom left a zero off their numbers. Yes, that's probably what happened. They must have meant 20,000!

Meanwhile, I wonder how many fixed phones or mobiles for rental have been bought in China. They've been in business for a week or so now. There should be some connections made in China and MOU building quickly.

Meanwhile Vodafone Australia will continue to have rotten sales because they are only selling the rotten Ericy and Telit phones. Because Vodafone won't let the good quality QUALCOMM phones be used there - might lose some terrestrial minutes you see. They'd rather sell nothing than let competitors get some business via the terrestrial CDMA component of Q! phone [assuming it would work in terrestrial mode in Australia's cdmaOne frequency].

Maurice
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