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: tensforme who wrote (20610)	12/28/2000 9:48:05 AM
From: Souze	Read Replies (1) \| Respond to of 29987

Actually I was trying to answer someone else's question what am I missing, but didn't make that clear. So, we are in agreement with each other as well as with most everyone else on this thread. Still long GSTRF and hopeful (yet doubtful) of a positive outcome.

To: tensforme who wrote (20610)	12/28/2000 12:17:17 PM
From: Serendipity	Read Replies (1) \| Respond to of 29987

You cannot get rid of the SPs. They own the gateways and the licenses. You can have free minutes, but without a gateway, you don't have a service.

To: tensforme who wrote (20610)	12/28/2000 12:21:03 PM
From: rhkohnen	Respond to of 29987

It is my understanding that LOR owns 40% of the Gateways and that G* financed the rest. In other words none of the SPs own Gateways. They operate them and gaurantee a certain minimum amount of minutes. This Spring represents 1 year of operation by the SPs and a potential renegotiation of the agreements. It is also the time projected for G* money to run out. If the SPs don't own the gateways, this would make restructuring G* much cleaner. Conspirecy Theory <GG> What if G* clears the way for IFN to use all of G* and BS starts the second constellation. IFN has the finacial where with all to clean up the mess. Best Regards Bob

To: tensforme who wrote (20610)	12/28/2000 12:51:37 PM
From: TMann	Respond to of 29987

I'd be happy with a $700 phone and .99 per minute fee no contracts or minimum usage. THis hasn't happened because: a) SPs and phone manufacturers don't want to lose money on phones and b) SPs need high rates to justify the business. They either think that they can get the high prices they are trying to charge, or don't think the business is worth the effort at lower prices. SPs don't have much skin in the game thus they are not inclined to do much to save their hide (actually our hide). Well we have one more day in 2000 to announce a big order from a corporation or national army or something. We've been in service over a year and have no 1,000 + order from anyone. Meanwhile Iridium thrives on DoD and Gilat pulls in big Mexican order. No wonder the fat lady is warming up for a tribute to Globalflop.