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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 48.48-5.2%11:16 AM EST

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To: Maurice Winn who wrote (23944)8/3/2001 5:33:53 AM
From: Maurice Winn  Read Replies (2) of 29986
 
*** Why WackyWireless was essential for Globalstar *** I am going to indulge myself by reading some old posts and linking them here. Basically, "I told you so!"
A few on "WackyWireless", aka "Cat's Eyes Marketing" aka "CURRENT PRICE IS ..." aka "Babe's Rulz OK":
Back in the beginning [the first 100 posts - and many others, covered the topic]
Message 2400813
Message 2421395 and many other posts around that one.

Message 2989061
Message 2989601
Message 3000298
Message 3000475
Message 3001020

To dougjn <You might remain unconvinced of my Globalstar pricing arguments in favor of bid pricing, variable by the minute, but you haven't explained any way in which the proposed fixed pricing can lead to anything other than frustrated callers, busy signals, flat batteries, limited revenue and a poor return on investment.

Neither has anyone else. The idea seems to be, "Gee I dunno. It all seems a bit confusing, people won't like the price going up, and it'll make enough money anyway as it is. Surely the people at Globalstar know what they are doing". Sure, so did the captain of the Titanic on its maiden voyage. The Hindenburg too.

Competition doesn't stop at the stratosphere.
>

Message 3130142
<Delays are bad. The cost is astronomical. 4 months delay already with the amount of money sitting around rotting is a lot.

The delay that really concerns me is the lack of marketing skill which is going to mean the system sits rusting for years before being filled. Bill Frezza and I are buddies on that issue. The days of centrally planned economies and centrally planned pricing are drawing to a close. Competition will see them gone, along with any companies which can't get to grips with the concept.
>

Readware gets it in the neck: Message 3214270
I hope Readware has been limited to designing the engineering instead of the marketing
Message 3591502

Now for a bit about power supply in satellites which is where the WackyWireless idea got started. Note that Motorola thought of it way back in 1991 for Iridium and Globalstar STILL doesn't get it. That is not a good indicator about the intelligence of the Globalstar people.
Readware goes off the rails again:
Message 3657798
Why power supply management is essential:
Message 3664488

Mr Adrenaline arguing that "We know what we are doing". That seemed to be Readware's, Bernie's and everyone else's approach too:
Message 3682836
We know now that they didn't have a clue what they were doing! Hmm, I should have sold after I had 10 of 10 people take that approach...silly me, thinking they'd see the light when they failed in their fantasy about how much they'd sell at high prices.

Motorola's patent here:
Message 15292387

Well, that's a few of them.
Mqurice
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