To: Veiko Herne who wrote (8056 ) 10/27/1999 12:49:00 PM From: thomas_l Respond to of 29986
Veiko. Sharing the same thoughts on G* prospects. I bought my first NMT 450 12 years ago, NMT 900 6 years and my first GSM 4 years. Total number of phones owned 7 units with average cost around $1000. I have used Inmarsat A, B, and Mini-M, some sky-phone units over USA and now in Europe. I do not hold a big position of G* stock, but I think based on my experience in this business for over 15 years that Globalstar is indeed the cellular satellite system that will eventually be adopted by all major GSM operators as the cost effective and easy expansion of coverage. What does that mean, G* will grow big. I was engaged in a discussion here few days ago regarding the call and voice quality of the G* system. I found the input from many here on this thread very disappointing, lacking true testing and fairness about the whole thing. If people really believe that bashing or even being bullish about this technology makes any big difference on the stock they are mistaken. This company is not only important for everyone because of the investment opportunity, the future of G* leads us to the next generation of cellular, UMTS were satellites play an important role in the system structure. Discussions about the rollout of fiberoptics or WLL systems as competition to G* are just a joke not worth any consideration. Why, look at Finland, 50% of the nation does not give a damn about fiber cables because they have GSM! But when the coverage is lost, on your boat or else, it sucks. Solution, Globalstar, ICO or even Iridium (if it worked!). It looks to me that Europeans are in general more in favour of the potential of Globalstar. That is because we are used to true roaming and the ease of use introduced with the SIM cards when the GSM came out. Everyone seems to have forgotten the debate between the digital and analogue advocates just few years ago. No one believed then GSM could a success! Thomas L