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

To: Serendipity who wrote (7830)	10/13/1999 8:09:00 AM
From: Jeff Vayda	Respond to of 29987

Pooky, here is an article that is an additional piece to the puzzle. The US example is not the market Globalstar needs to address in order to make money. Globalstar is an instantaneous build out of a Service Provides coverage area - at zero marginal cost. telecom99news.itu.int Jeff Vayda

To: Serendipity who wrote (7830)	10/13/1999 10:29:00 AM
From: thomas_l	Read Replies (1) \| Respond to of 29987

I live in Oslo Norway. In Norway we have a couple of GSM operators and one analog operator (Telenor) offering the NMT 450 and NMT 900 service. The NMT service has around 400k users but GSM has nearly 2M users. The GSM system covers 85+% of population but only limited landmass (40%?), each tower limited to 30 km radius! The NMT system (very old with bad reception and quality problems)resembles the AMPS system in the USA, is still needed because it covers almost 95% of land and costal areas. Everyone here would love to get rid of the NMT service and get good quality form combined GSM and satellite service. My question to all, how fast do you think people around the world will replace their analog phones (with good coverage but bad quality), with combined GSM/G* or CDMA/G* with excellent quality and almost total coverage? Given the fact 25% of celluar users replace their phones every year, I see from 200M potential customers world wide a damn good market for multi-mode phones with G* on board. I would say, it is better to have G* in the phone than not! If you have it, you will use it. Not 160 minutes per month, 10-50 minutes a month are closer. The major mistake I belive Globalstar did was to include AMPS in the tri-modal phone. The Qualcomm phone should have included CDMA/DAMPS and Globalstar not to speak of GSM 1900! Thomas L

To: Serendipity who wrote (7830)	10/13/1999 12:49:00 PM
From: Rocket Scientist	Respond to of 29987

Pooky, I wouldn't advise you or any investor to take on faith the company's oft-repeated estimate that 30-50M people need and can afford to pay for G-like service. And you're certainly free to disbelieve BLS when he says that his 223 distributors, with over 100M current subscribers, tell him to expect G subscriber counts in excess of 1M by end of next year. But I don't think you've articulated a countering view very well. If we accept as undisputed that 2-3B people live in areas not served by wireless, and badly served by wired telephony, it's pretty easy for me to believe that 30-50M people can be found that need and can afford G. First, there are always a small fraction of non-poor people living in "poor" areas. In the US, think of all the Robert Redford wannabees living on ranchettes in Montana. In the third world, every little village will have its local big shots (how did you imagine that the rest of the population came to be so poor?) and micro businesses. Second, the 2-3 B people live within political boundaries... they have governments that provide law enforcement, military and social services, employees of which can well afford G. Third, they live in areas with natural resource and transportation industries, employees of which can well afford G*. Fourth, they live in areas attractive to first world recreational visitors, some of whom will wish to stay in touch for safety or personal reasons. Fifth, they have family members that have migrated to cities and are no longer "poor." There's probably a sixth, seventh and etc class of user, but the above are enough for me.