Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 64.59

-4.4%

Jan 29 3:59 PM EST

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To: Maurice Winn who wrote (14174)	7/4/2000 6:27:56 PM
From: SKIP PAUL	Read Replies (1) of 29987

Gilder post: My view, often stated, is that far from a high capital cost entrenchment, subject to erosion by terrestrial rivals, Global Star is supremely cheap for a system that will soon command global coverage (and even tropospheric reach, judging from the recent Qualcomm-NewsCorp play). Moreover, Globalstar will improve more rapidly than its rivals with the advance of its earthbound electronics and its currently retarded marketing. In any case, it bailed me out last week, when stuck on a cruise boat in the Baltic and required to submit my book corrections in two days, I discovered that there was an air controllers strike in Paris that would jeopardize delivery of my necessarily hand-edited page proofs (red pencil required by my excellent but still antediluvian publisher). Using a Globalstar phone, I could assure my editor that the corrections were on the way and vitally important (truly egregious errors had crept in as usual during the fact checking process). The Globalstar acoustics were amazing. There are going to be myriad uses for this bandwidth and coverage. --GG

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