Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Rocket Scientist who wrote (7277)	9/9/1999 11:40:00 AM
From: Jim Parkinson	Read Replies (4) \| Respond to of 29987

Unconfirmed reports from the conf but here is what I have heard this am: 1. G* waiting for Iridium to fold and wants to take over its bandwidth. 2. Considering placing 2 geo's at poles for complete global coverage. 3. 10,000 test calls per day are being conducted successfully. System works well so far.

To: Rocket Scientist who wrote (7277)	9/11/1999 1:21:00 PM
From: TMann	Respond to of 29987

Excellent! I couldn't have done better myself. I think the future will be bright, but not the immediate future. Probably will take 3-4 years to build subscriber base and turn profitable. Satellite telephony will probably be evolutionary and not revolutionary. Phones won't work as well as cell phones due to no signal penetration in buildings. Although sound quality and call completion statistics may be good, sat phones will never match cell phones. This is certainly a niche market and not a mass consumer product. Nonetheless, G* has potential to make a bundle of $$; but it aint going to happen overnight. Pricing will not draw a crowd. I expect a slow rollout; fortunately prices can be dropped to draw more customers. I think Mr. S is wise expressing confidence, keeping details brief, and not overbuilding expectations. He's very good at manipulating the information channels via analyst conference calls, demos, etc. to shape investor perceptions. We shareholders should be grateful for his wisdom, experience, and dedication to shareholder value. Although the next year or two will be difficult, I'm confident Bernie and team and will pull this out, especially now that voice quality and network reliability appear intact. Twinkle twinkle little star G* shareholders will be richer by far!