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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT -- Ignore unavailable to you. Want to Upgrade?

To: Serendipity who wrote (5953)	7/22/1999 8:53:00 PM
From: Maurice Winn	Respond to of 29987

Pooky, functionality for terrestrial phones is good and rapidly improving. With 3G, which will be here well before Globalstar is anywhere near capacity, terrestrial devices will be super whiz-bang with high speed WWeb access, images travelling both ways, email, money movement, voice and all those good things. Globalstar will be voice only, still with an 1812 size aerial until Constellation2 which will be an improvement, but nothing to match terrestrial unless Constellation2 handles the voice and automatically hands off the data to those data constellations such as Teledesic or the Loral fleet of satellites. Affordability? That's a wild guess, but it will be less than $1.50 to get people using enough Globalstar and probably less than $1. The good thing is Globalstar can start low and increase prices if demand goes wild. Iridium did the silly thing of starting expensive then trying to get people to take a second look with suspicious discounts for a dud system. Globalstar won't make that mistake! Will they? You make the mistake of expanding from a particular situation for one person [Bernard Schwartz for example] who can afford a phone but doesn't go into remote areas, into a generalization for all people. Some can afford it and do go into remote or Swiss Cheese areas. The question is how many and at what price. Africa will be covered in part early on. South Africa, parts of North Africa, and somewhere in West Africa I think it was. Korea and one gateway in China will be ready to roll soon. The rest of Africa won't be a big market. It's a big place, but doesn't really have many people and they don't have much money. Compared with Asia anyway in population and incomes. I don't know when the big landmasses will all be convered but it should be within a year or so. Maybe end of 2000 most of the big areas will be covered. Not too sure of gateway rollout timing. Maurice