Good morning! A grey, windy, cool winter's day here. But what a pleasant surprise to see the market manipulation has worked perfectly.
As we go into the close, the desperation will mount as people realize that there is NO shortage of funds. The system works very, very well. There are 5 billion people who will want to buy a Globalstar gadget over the next 15 years. 1 billion of those people will buy several gadgets and heaps will by one a year to stay up to date and use the various device types which will proliferate as WWeb becomes available on Globalstar.
Globalstar has access to spectrum worth $100s of billions [judging from UK auction though the NZ auction is not matching those figures]. More on Monday, with some new entrants coming in. Telecom says they have enough spectrum with their 2G bandwidth and 3G is for 'insurance'.
How did I pull it off? [The Bastille Day Globalstar Celebration]. Simple, first, lay careful, possibly illegal plans. Then, shout "Fire!" Then explain why it's going up. Then select a good day. Then get financing organized for Globalstar. Then, umm, count to ten. Then, get Carrie Lee and WSJ.com to take the bait and promote dehypothecation. Then, um, trust to luck and the workings of a free, fair, open, informed, honest, blah, blah, blah horde of maniacal gamblers to finally figure out that Globalstar really IS worth $1000 a share [NPV].
Simple really. You want one on QUALCOMM?
Mqurice |
