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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 50.53+4.7%Nov 7 9:30 AM EST

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To: Maurice Winn who wrote (27711)3/25/2010 12:50:47 PM
From: pcstel  Read Replies (1) of 29986
 
Do you mean to say that Globalstar could go broke and end up owing Qualcomm? Joy of joys = imagine if Globalstar was taken over by Qualcomm in entirety.


That doesn't bring good images to my brain Maurice.

Should we revisit Omnitracs?? Here is a company spawned out of some imaginative thinking. Mobile units communicating with Fixed Satellites using what basically amounted to a compass to roughly point the antenna to the southern hemisphere.

They built a Rube Goldberg machine into a multimillion dollar enterprise, and then let it wilt on the vine as they refused to adapt to new technologies and ideas.

Rumor in Rome was that they (Qualcomm) were looking for a buyer, or needed new direction and thinking, possibly employing Globalstar..

So they recently hired back John Sarto who ran the division back in 1997-1999 (I think it was QWBS back then) in it's heyday.

John Sarto Returns to Qualcomm Enterprise Services to Drive New Business Development Strategy
qualcomm.com

If Qualcomm's idea is to let something like Globalstar wilt on the vine due to complacency... No thinks..

PCSTEL
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