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


To: Bernard Levy who wrote (9069)1/1/2000 5:09:00 PM
From: Maurice Winn  Read Replies (1) | Respond to of 29986
 
Bernard, being in Kiwiland is no disadvantage. It used to be hopeless - back in 1993, getting a week old Asia Wall Street Journal and hoping for some small item on Qualcomm [nearly always disappointed]. Compuserve arrived and provided a very expensive glimpse into the Web and there was more information on Qualcomm. Then Netscape came out along with Windows95 and with my annually renewed puter, things were looking up. That was after Globalstar shares touched $12 [presplit] which was a good time to buy. 1995 was a BIG year - a sort of cusp in progress.

Then, in 1996, things really took off.

Now, already in 2000 and things are crazy. Information and analysis is swarming by the petabit per second around the world. ADSL gives reasonably quick access [compared with the old 14kbps modems - and even slower].

Being in Kiwiland is now fine! No gunfire in the schools [yet]. Less crowded. Contrarian climate. America's Cup racing village to visit and ogle the beautiful huge boats. No CDMA yet, but that will be here in a year, I guess, with HDR not far behind. Globalstar won't have a gateway here for a while, which is a shame [too many sheep and not enough people].

Progress in 5 years has been amazing. The next 5 years will be even faster as trillions of dollars look for a home in the WWeb, construction of it, content, or whatever.

Globalstar will play a part in that for voice especially.

It's quite exciting. The world is shrinking rapidly - at a similar rate to the Web's expansion. 5 years is going to be a LONG time. 2010 will make 2000 look the stone-age. Look back on 1990 and think of your 286 puter, the USSR and all that surrounded us.

Maurice

PS: Rocket Scientist, Valueman and others are now the resident experts on Globalstar. I've had my day.