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

To: tero kuittinen who wrote (7147)	9/2/1999 6:24:00 AM
From: Maurice Winn	Respond to of 29987

Tero, GSM roaming is going to be big time. It's fashionable to claim that Globalstar is not after that market, but that's nonsense. The claim is that unserved markets are the target. Things are not so black and white. Some people will want it as a self-defence weapon [raise the aerial and scare thieves off with what looks like a gun]. Some will want it for picking corn out on the prairie. Some for mountain climbing and some for roaming. As you say, GSM roaming is going to ding the Globalstar sales. Just as fibre price drops destroyed Iridium's space switching competitiveness, but not so seriously. That was Iridium's main advantage. Globalstar's is coverage where there isn't any. Roaming is another advantage and that is weaker, but remains valuable. You wondered whether Vodafone would position Globalstar as the best way to roam in the USA. Not a chance. GSM is the huge market and Vodafone will continue to make vast money from that. Globalstar will have at most 1m customers at the end of 2000 and if they try for $2 a minute it will be nearer 200,000. That's a drop in the bucket for Vodafone. Globalstar will be sold primarily as a regional phone with complete coverage, but it can be carted off around the world and used in GSM or analog/cdmaOne mode depending on what's preferred. Most people who roam are mostly in terrestrial coverage areas and like to travel light with long battery life. I expect roaming agreements and more reasonable pricing will develop very quickly for terrestrial systems. The dog in the manger approach we'd seen so far was a major barrier to widespread roaming. But that won't have a major impact on Globalstar sales, though it decimated Iridium sales since travelling business people don't really need it. Maurice PS: It's fun seeing the vultures gathering around Globalstar for another feast after Iridium and ICO. Just as with Qualcomm, they will be sorely disappointed. Thanks for the 20, 15, 10 quote. What were those figures again? End of Sept?, End of year? and something else?? Djane? Maybe I'll put mine in since Tero has had a go.

To: tero kuittinen who wrote (7147)	9/2/1999 12:09:00 PM
From: djane	Read Replies (1) \| Respond to of 29987

Tero and Maurice, the contest deadline was before the 7/25/99 launch which provided the 32 sats required to start minimum service. I've noted your sentiments, though. Given all the shorts/pessimism around here lately, it sounds as if we need to run another contest about how low the G* stock price will go. djane P.S. On a non-Rah Rah level, please note that I am one of the 3 co-leaders ($31 was the lowest pick) in the contest as of 7/30/99. I will admit that my $60 pick as of 9/30/99 may be a little dicey at this time. The last time period for the contest was 01/31/00. Message 10661865