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

To: brian h who wrote (6336)	8/5/1999 5:15:00 AM
From: Maurice Winn	Read Replies (1) \| Respond to of 29987

Brian, yes, Qualcomm's OmniTRACS took over Geostar customers of Motorola when Geostar folded in the face of OmniTRACS competition. Now, Iridium is losing in the face of Globalstar - maybe Qualcomm will buy the Iridium network and keep it operating for a while, which would avoid the need for ICO to launch. That would mean Qualcomm would sell 7 million more handsets [or ASICs for Telital or Orbitel handsets] over the next 7 years since nobody would buy one for ICO and few for Iridium. They'd all buy Globalstar! 7m x $500 handset profit = $3.5bn Plus increased profits from the 8% share in Globalstar. Plus new gateways. Plus handset upgrades, so new technology, so more sales, so more subscribers for space and an earlier Constellation2 and an ICO copy. Maybe it would only take $500m from Q! to keep Iridium aloft for a couple more years. No debts, no other equity. Motorola could put some in by way of leasing handsets to subscribers. Seems a good deal. I bet they've figured that out in Globalstar. Anything wrong with that? Of course, maybe both Iridium and ICO will fail, but it would be good to nudge things in the best direction to ensure NO ICO, which is the serious competitor. When Constellation2 is up, 3G will be all over the ground and Qualcomm will be the CDMA terrestrial handset provider, so Ericy and Telital will be out of the picture [unless they have geographic exclusivity rather than technology exclusivity]. That means Q! will sell ALL the Globalstar handsets when there is no more GSM on earth on the air interface. The sooner that happens, the better. Maurice {Just thinking out loud. I suppose it would be better if Globalstar bought Iridium since G* would be the main beneficiary. Q! has $1bn so they might like to lend it or something.]