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

To: A.J. Mullen who wrote (8297)	11/11/1999 1:52:00 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 29987

AJ, of course you are right - it is hard to get several quotes when unconscious in an earthquake under some rubble which one is unable to identify to the prospective rescuers or in a car crash and the rescuers can't quote because they don't know how long it will take to free you or what the cost of the medical treatment might be. But Globalstar will solve all these problems. In New Zealand, where we still live the fantasy that socialism saves souls, and where medical treatment and rescue services are free, tow truck operators, who get their money by fast service and reputation are ALWAYS at the scene of a car crash before the ambulances. That is because if they are not, then they will go broke. Ambulance staff sit around playing cards until they get the call, then they head off from a central base, taking ages to get there. They have very little medical knowledge. They have little on-site treatment capacity. All they really do is scrape people up and take them to some hospital. Of course, when you are running out of oxygen, 30 seconds is a LONG time. You can test this theory by holding your breath for a couple of minutes until your body starts to run out of the lung and blood supplies, then hold it for another 30 seconds and see if you don't get feelings of great urgency. Ambulances should be sitting around the city, with drivers and treatment experts ready to beat the tow truck operators who are doing the same fast-response service for something worth maybe a couple of thousand dollars [after being crashed] and where time is not really of the essence. A crashed car doesn't deteriorate further - not in the first 30 minutes anyway unless it catches fire. They get paid only $50 or so to tow a car. A rescued person would pay a LOT more than that. A rescued person is VERY valuable. Which of course brings on the discussion about the sleepy firemen who arrive AFTER cars are burned out and the burned alive person is beyond rescue. Ambulances should have car-fire extinguishing equipment on board. They don't need a dirty great truck with 1000s of gallons of water on board and a 6 man crew in War of the Worlds costumes with a ladder on the roof. The answer to the slow ambulance operators [and firemen] is to make them compete for their money. People could insure with a rescue service who would boast about their rescues in the past year. Their instant service. Their high quality and high speed medical treatment on site. Their wide range of equipment to handle everything from beestings and anaphylactic shock cpmcnet.columbia.edu to drowning, heart fibrillation, arterial bleeding, asthma, brain damage, epileptic fits, burns and all the mayhem of the modern world. While they are bored, they could provide on-site medical services, do sales and education calls to businesses, retirement villages, tow truck operators, schools. Globalstar is the key to all this. Globalstar is uniquely positioned to be the link to the WWeb and the services people in trouble will need. Globalstar could offer rescue insurance packages with guaranteed physical rescue for $5,000 per year with a response time of 30 minutes anywhere in, say, North Island New Zealand, 1 hour in outback Australia, or quote for individual rescue situations or special requests such as delivery of more beer on a round the world yachting expedition. People are going to be using Globalstar to save their lives. Depending on the crusty, slow and ineffective rescue services currently on offer is not a good idea. Globalstar could add value by competing for the rescue business. The customers would love it. Your Globalstar phone could be set to automatically call for help, giving your location, if you don't respond within a certain time to a prompt when it detects your heart rate or blood pressure or other physiological function exceeds a pre-set level. Or if you simply push the 'Mayday' button. Or if you say "Phone, dial Mayday" to the voice recognition software. Maurice PS: Lucky you sold those Q! shares so that you didn't have more than a quarter of your portfolio in Qcom. Are you sure that makes sense? Or maybe you mean you've just sold them, which makes more sense. The Q! pauper syndrome is very annoying. Unless going out on margin, which increases risk, one has to sell. I bought a car a couple of years ago using Q! stock value. That car could have been sitting there in stock and it would now have appreciated about 20 times. But life would have passed me by. There must be an economic lesson there somewhere.