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: Serendipity who wrote (7621)	9/28/1999 1:36:00 PM
From: I. Luttichuys	Respond to of 29987

I thought I did. What is important to G* is providing service where it did not previously exist. Their numbers assume they reach 10% of that market. So, in a way, if that market becomes twice as small 5 years from now, that won't matter either. That's because the market is that large. As it stood a year ago, there looked to be at least three companies in this arena. Even then it was thought that the market was larger than all three could serve. Now there is only one. So if the market shrinks by one half, will it make a material difference to G* if the plan as it currently stands is followed? Probably not.

To: Serendipity who wrote (7621)	9/28/1999 1:48:00 PM
From: John Stichnoth	Read Replies (2) \| Respond to of 29987

Pooky, I'm most familiar with the US. Can we take that as our example country? And, while buildout is continuing, it is still far from complete. Nor will it ever be, imo. I'm 11 miles from Manhattan, and in certain parts of our town we are still unable to get any cellular signal. If we're in that condition (with four houses per acre), how long will it be before Sussex County (farm country outside of NYC commuting range) has reliable service? And how about the Catskills and Adirondack timber mining areas? And how about the Pennsylvania mining hills? These are all areas within a couple of hours drive of my house. But they don't have service, and the wireless players do not apparently have any plans to provide coverage, because they are still focusing on providing capacity in the areas they do have coverage. Best, JS

To: Serendipity who wrote (7621)	9/28/1999 1:57:00 PM
From: I. Luttichuys	Respond to of 29987

Also what is important to Globalstar is that the ramp-up goes well in the beginning. They would like demonstrated demand right out of the gate in the areas where the service started. It's also another reason I am out right now. It's not that I think they won't do as well as they want to, it's that I think the market will become increasingly stressed over fearing that they won't.