SI
SI
discoversearch

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: Michaelth1 who wrote (16041)8/21/2000 9:11:14 PM
From: BobRealEstate  Respond to of 29987
 
Mike, the distributor I got my G* phone through is working on a deal with Carnival Cruise lines he says. Things are going well, the line is negotiating hard on MOU costs and G*USA is working on packaging a deal supposedly. FWIW



To: Michaelth1 who wrote (16041)8/21/2000 9:17:01 PM
From: Investartist  Respond to of 29987
 
Gregg Powers G* purchases could intensify the short squeeze! It seems to me that his significant recent accumulation of GSTRF shares will greatly intensify the short squeeze that will come. This could result in the biggest short squeeze of the year when it is lit.

Gregg, please keep buying more shares......I did today.

Investartist

P.S. Thanks for the perspective of your continued postings. They are really appreciated!



To: Michaelth1 who wrote (16041)8/21/2000 9:26:24 PM
From: Jon Koplik  Respond to of 29987
 
(Warning - silly post). You know how golfers supposedly throw their golf clubs (or bag) into a lake after "flubbing" an easy putt ?

I wonder if part of the perceived cost that cruise ships foresee with installing Globalstar stuff on their ships (especially since we all know that the cost is pretty close to zero ..) is the cost of all of the G* handsets thrown into the ocean after people call up their stockbrokers and ask for the price of GSTRF.

Jon.



To: Michaelth1 who wrote (16041)8/21/2000 10:03:10 PM
From: dwight martin  Respond to of 29987
 
Well, if every potential user can be buffaloed into anticipating bankruptcy, then the shorts will be proven right.

More likely, though, when passengers hear what the captain wants them to pay for INMARSAT, they will take along a personal or rented G* phone, whip it out during raspberry cheesecake and coffee, let their envious cruise mates talk for free, undermine the hell out of the existing INMARSAT monopoly, and (BTW) sell G* phones. I think the cruise ships will have to be content to keep their INMARSAT for the "holes in the ocean." So, I won't be surprised if the cruise ships don't sign on.

AFTER EDIT: I have just read BoBRE's post and if the ships get a big discount on minutes, then yes, they may give /G* a shot. Without a discount, tho, they won't be able to compete against the passengers' own G* phones, which, after all, will be able to be taken ashore.