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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 59.91+4.0%Nov 11 3:59 PM EST

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To: pcstel who wrote (24794)3/6/2002 6:56:34 PM
From: Pierre   of 29987
 
Crickets monthly MOU would be higher if they allowed flat rate 9600 kbs data services. Imagine all the people on boats that would tie in their laptops, and let it run all day?

pcstel-isnotaliar: <g>

Why not a two tiered pricing range? The 9600 baud at X, and the 60 at X+ - I'm sure the technology to gate it that way is available. OTOH, you can make the argument that 9600 baud available where nothing else is available (boat in your example) is worth the same as 60 within the limited mobility area. I guess I don't understand your point.

One thing that does strike me is that nothing we've surmised is out of reach of current technology, from automobile base station concept using WiFi, to gps plus telematics after market installs. That said, I see no evidence at all that current G* management is thinking along those lines. They seem stuck on "refining" a failed approach - guaranteeing another failure imho. The difference is that in the next BK (BK II) they get rid of all the current note holders, who by then will be nothing more than equity holders, and easily stripped from the equation during BK II. What a deal for the player left standing - probably Q*. Until "new" G* shows evidence of a new and workable approach, they'll have to convert my notes to equity over my objection. Of course I suppose that will be pretty easy to do.

Pierre
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