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: John Stichnoth who wrote (8395)	11/17/1999 12:17:00 PM
From: Jeff Vayda	Read Replies (1) \| Respond to of 29987

Lets not forget Qualcomms Jacobs mentioning that the next generation phone wont have the rifle barrel antenna. He has not been wrong on much. If the next gen is close, the SP's might be dragging their feet a bit more. Lets not even go into all the possible deals about how they might have structured the phone buys - all manufacturers phones are provided for sale at the same time, or guaranteed units sales. What happens if one manufacturers units dont work, remember that system capability requirement they might be shielding Ericy for a couple months. One thing you can say for Loral, they sure give you food for thought by not giving you any info! Jeff Vayda

To: John Stichnoth who wrote (8395)	11/17/1999 12:53:00 PM
From: tero kuittinen	Read Replies (3) \| Respond to of 29987

That sounds like a good strategy. However - if Ericsson and Telital were actually capable of producing even small production runs, why is the European launch pushed to December/January/February? I'm not sure which month it is today. Ericsson is apparently having trouble in ramping up even the T28 production, which is their key product this winter. Will they give Globalstar handsets a priority when the Ericsson share price is now riding on the fast production expansion of T28 and R380? There's no reason to keep the first units from shipping if they exist. Iridium gnaws a little corner out of the global satellite phone market every week. Adding a couple of thousand of new customers a month may not sound like much, but it could be enough to deflate the demand for a new service. What I find interesting is the way European operators tell me that Globalstar's main market is USA. And the American operators believe that the main market is South Africa/China/Brazil. I don't have contacts to Brazilian or Chinese operators backing Globalstar. But it would form one seamless loop of corporate dementia if they thought that the main market is Europe. Is this what the "decentralized structure" of Globalstar means in practice? In any case, the resiliency of this stock is mind-blowing. If you had asked people on this board last summer what would happen to GSTRF if the launch slithers to February and the ad campaign kicks off without service in place, the prognosis would have been bad. In reality, Globalstar is doing a note-perfect imitation of the Iridium launch... yet the stock is only a couple of bucks down from the recent August high. The strength is amazing. Either the markets really are omniscient and can predict the satellite market growth even when no solid data seems to exist. Or this is a symptom of a bull market on a final, unhinged rampage. Tero