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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: crm114 who wrote (25265)10/3/2002 9:55:42 PM
From: Maurice Winn  Read Replies (1) of 29987
 
My guess is that more bloody-mindedness was in the Loral camp than the QUALCOMM [judging from what I've seen of the various people over the years]. Somebody needs lessons in share-bargaining negotiations. Then somebody needs marketing lessons.

What a shame that failure to agree results in $4 billion capital destruction. What a ridiculous situation.

3 years ago, the launch should have been at 20c a minute retail, [no matter who was buying - no need to try to differentiate between business, private, whatever 'market segments'].

I wonder if the rumoured announcement tomorrow will involve Globalstar being resolved in some way. It's now October and 3 years since Bernie announced a soft launch. Very, very, soft...

Mqurice
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