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


To: WR who wrote (10614)3/8/2000 10:06:00 AM
From: Sawtooth  Respond to of 29987
 
<<Qualcomm's OmniTRACS system, which relays position location information to a central location and offers messaging capabilities, is expected to be deployed on the Globalstar System and offered to Globalstar service providers to address this need.>>

Thanks, WR. How does G* realize revenue via OmniTracks vs. the standard voice transmission offered through the SP's? In other words, how does the Qcom/Ryder deal translate into $$$'s for G*?

.....VVVVVVVVVVV



To: WR who wrote (10614)3/8/2000 10:22:00 AM
From: brian h  Read Replies (1) | Respond to of 29987
 
WR,

Omnitrac is not using G*'s service. Period. It is a possibility in the future. I do not think it will happen any time soon.

It was an early plan. It is no longer true. Q has leased a transponder on a GEO sat. for use in its Omnitrac business. The delay in deployment of G* may have killed Q's earlier plan.

May be G*'s website master should correct this misleading information now! Or issue a press release stating QCOM's new intention!

Best,

Brian H.



To: WR who wrote (10614)3/8/2000 7:44:00 PM
From: John Stichnoth  Respond to of 29987
 
WR, Your quote from an SEC filing brought me up short. It took me a while to realize that the filing was from 1997. Checked the most recent filing (proxy), and could find no mention of an Omnitracs implementation.

I will therefore reiterate my former statement, and support brian h's--Omnitracs is not currently planned for implementation on G*.

Best,
John