Ericsson overlook? Message Board

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Technology Stocks : Ericsson overlook?

ERIC 9.625

+1.1%

Dec 2 3:59 PM EST

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To: Mika Kukkanen who wrote (4475)	1/19/2001 5:22:25 AM
From: Mika Kukkanen	Read Replies (2) of 5390

Totally OT about GSTRF - a rant 'eck, some people just don't get it. Been reading the Qcom thread and it still amazes me how blinkered some people can be! Great technology, but that means virtually nothing. We called that it would never make money even though some say there is a 'huge' market out there and that is where the big lie lies. Great technology comes at a price and one this 'huge' market can not afford. Now I hear "oh yes, if they sell it at 10 to 20 cents a minute..". Oh dear, they still don't get it. They have absolutely no idea about interconnection and transit fees, costs never seem to come into their equations. Oh well, at least E/// made some money out of it as they were contracted by GSTRF to make a few thousand phones - just hope they got paid for it as tooling costs and the rest would have been expensive..pretty sure they got that cost up front as they even knew there was no market! Satellite communication is nothing new. I used it for the first and only time some ten years ago. If you really need that sort of communication link then you have had it available for over 20 years - a proofing point that many have ignored. Okay so it is not a 'handsized' unit, well nor was Iridium's or Globalstar's. It's over. Let it rest in peace. The real problem was misguided investors whom over hyped technology/service and know little about a given market - sound familiar? And before I start getting flamed as anti this or that, I would just like to point out that in the next week I hope to sign up my second San Diego based telecom supplier/manufacturer customer (see, you didn't even know about the first one!). Oooo, I feel better now. M

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