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: Kunal Taravade who wrote (8913)	12/28/1999 10:46:00 AM
From: Jon Koplik	Respond to of 29987

You could read about 20,000 posts over on the (large) Qualcomm thread. Or, I could try to answer your question succinctly. People said CDMA would not work at all. Or, if it worked it would work poorly. Or, no carriers would adopt it. Etc. etc. Jon.

To: Kunal Taravade who wrote (8913)	12/28/1999 10:47:00 AM
From: Valueman	Read Replies (2) \| Respond to of 29987

Script: "Very simple. $12 billion market cap. These satellites fall out of the sky, seven, eight years now, $2.5 billion debt they're going to need when the satellites fall out of the sky. David: To a certain extent, they've met their funding elements. >> Here's a reason why we short the stock. The business model doesn't make any sense. This company was founded for the global executive, the jet-setter roaming around the world carrying the humongous phone everywhere he goes. David: Wasn't that the case with iridium? Gregg i'm bringing it up, because we're going to run out of time. I think globalstar was more. We've had bernard schwartz on who runs loral and we had the whole piece there, to those that provide telecom services to these populations where they don't have the strong wired service, not the sim business plan as iridium, which is what you just defined. >> We'll go through it quickly. The business model has changed, because the technology displaced the original business thesis, because now we all carry our little phones around the world, number one. So, that market, that business thesis didn't work. The next business model was the vertical markets. We're going to sell these phones. The end users will be the guy standing out on the oil rig, who is stationary. Everyone realizes how many oil riggers or marine biologists are out there. Last thing is your point, they're going to sell it to fill-in, an area where effectively u you can't get to a wire line phone but yet have enough money to pay for cellular service? How many people are there? How many people can pay for cellular service, but yet isn't on close enough to a wire line phone? Makes no sense