<What's the deal with Jeffery stating they have 23,000 subscribers, that is a really ugly number, that article was dated December 20 th I believe. >
Big Mac is obviously saying we have lost some customers since the last report. But look on the bright side, we still have more than 20,000.
With Iridium back on line, with total coverage, I suppose people who want total coverage have dumped Globalstar and gone to Iridium. Globalstar doesn't work in most places [almost no ocean coverage for a start and roaming remains and expensive shambles].
Then again, they seem to have trouble counting how many phones have been connected [a female mathematician in charge of marketing and operations won't help there], so maybe there weren't really 23,000 and they figure they must be up to about that now.
Post Xmas sale now on at delisting prices = less than a dollar a share.
It's time for reverse-split discussions. Shades of Techniclone!
I wonder if anyone in marketing was so stupid as to think Globalstar is a 'Giffen Good' [GG]. A J Mullen mentioned these things; goods which sell better at high prices than low prices. It wouldn't surprise me that Globalstar was so silly as to think that and hence the high-priced strategy.
Well, the end of Y2K is here and Globalstar failed even more than the most knowledgeable and critical critics thought they would. Geoff Goodfellow and Valueman, those wild, cock-eyed optimists, thought Globalstar would do much better than it has.
What a total, abject and complete failure they have had. Nero fiddled while Rome burned.
Look at this comment: <Jeffery said Globalstar has 23,000 voice customers now - not bad for a company not yet one year old.
This satellite Web access plan isn't for the average user, however. "Remote" users, such as oilrig workers and pipeline operators, would enjoy the global reach, Jeffery said.>
Sure, Big Mac has a sense of humour, but c'mon Big Boy, surely you shouldn't joke with bankrupt people like that. "Not bad"?!!! What would 'bad' be like if this is not bad? And Globalstar has been going over a year - selling since October 13 1999 actually.
Big Mac reiterated the company line about Globalstar being 'not for the average user'. <This satellite Web access plan isn't for the average user, however. "Remote" users, such as oilrig workers and pipeline operators, would enjoy the global reach, Jeffery said. > See! He's hot! 23,000 subscribers out of 6,314,159,265 is 0.00036 percent. That's well away from average. It's not for average, median, normal or people with standard deviancy. 0.00036% is beyond the margin of error; those people might have accidentally bought it thinking they were getting a cattle prod. I wonder if George Bush has one, being from Texas, easily confused etc.
0.00036% is so few that it was only with the advent of electronics that people could work out what percentage it is. Until the late 20th century, mathematicians worked stuff out on slide rules and in 4 figure or maybe 7 figure books of log tables. Now, we can detect customer numbers at extremely low levels. That is the glory of female marketing mathematicians in the 21st century.
I have another theory. Women aren't normally [in a mathematical sense] good at selling because they are generally more monogamous than males.
Females across nature are generally overwhelmed with enthusiastic males, so they are genetically programmed to select the best of a bad choice [Note 1]. So human females figure that getting one good one, out of 3,141,592,651, is quite a success.
Males on the other hand, are generally more generous with their reproductive urges and in many species corral a whole herd of females. There's always space for another belly-dancer in the harem. Males look on selling in a similar way - they instinctively want to get more!
Females want one, or only a few, well-paying swine before which to cast their pearls. Elizabeth Taylor, marrying 7 times, is a high-scorer. Champion male bigamists marry that many simultaneously. Bigamy and harems were legal in Utah. Still are in many countries.
Selling is the modern equivalent of Samurai [Note 2]. That's why salesmen are called Road Warriors. The enemy are the competing companies and their salesmen. The customers are to form the harem. The harem is carefully scheduled in printouts, with all manner of statistics reported and checked. Successful salesmen need to have LOTS of high-quality customers.
A normal female salesman wouldn't have a snowman's chance in hell [though a female snowman could have her own ice-water [Note 3]].
Of course, sexists will not understand the implication of 'normal' and will go off half-cocked. This is the average salesman we are talking about here, with 'man' in the 'one small step for man, one giant leap for mankind' sense - notice that Armstrong fluffed those lines, being confused between 'a man' and 'man', which is very typical of humans of either type and ironically therefore, a very, very good first statement from the moon, being a fluffed line reporting gender confusion. Man in space is much like man on earth; confused, forgetful and generally cocking things up.
Mqurice
Note 1. Female genetic programming isn't any better than male, so they normally make a bad choice.
Note 2. search.britannica.com
Notes for Globalstar Samurai
<Without knowledge of Learning, one will ultimately have no military victories.
One should not be envious of someone who has prospered by unjust deeds. Nor should he disdain someone who has fallen while adhering to the path of righteousness.
Imagawa Sadayo (1325-1420)
Consider that which exists to exist and that which does not exist to not exist, and recognize things just as they are. With such a frame of mind, one will have divine protection even though he does not pray.
Hojo Nagauji (1432-1519)
A man with deep far-sightedness will survey both the beginning and the end of a situation and continually consider its every facet as important.
Takeda Shingen (1521-1573)
Intelligence is the flower of discrimination. There are many examples of the flower blooming but not bearing fruit.
No matter whether a person belongs to the upper or lower ranks, if he has not put his life on the line at least once he has cause for shame.
Nabeshima Naoshige (1538-1618) >
Note 3. Bernie said that people want ice-water in hell, meaning they are out of luck and there isn't ice-water in hell. |
