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


To: Veiko Herne who wrote (8128)10/31/1999 8:55:00 PM
From: JGoren  Read Replies (2) | Respond to of 29987
 
I don't think it's a capacity problem but Ericy phones apparently don't work correctly. With its disastrous handset sales of late, Ericy clearly has the capacity. G* wanted 3 sources for handsets to keep the price down, and instead of relying on Qualcomm for handsets, as it did for virtually all the other equipment, it made a mistake in relying on Ericy to meet targets. Ericy simply dropped the ball, imho.