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


To: Maurice Winn who wrote (20908)1/4/2001 7:07:45 PM
From: pcstel  Read Replies (2) | Respond to of 29986
 
Maurice.. One question for you.. IF GLP revoked all the "Exclusivity Contracts" from all the Gateway Owners.. Told them to pack sand, and the Globalstar would only pay them .15 cents a minute to use their "Vendor Financed" Gateways.. How long do think it would take a competing Service Provider to get Financing to buy the Gateway and install it.. (Given that their margin is only .15 cents per minute of use..) How many Gateways are currently available for sale? And how much of the current coverage area could they cover with the "uncommitted Gateways"?

I believe that their are only 9 Uncommitted Gateways floating around somewhere.. Hardly enough to make a dent in things..

I would like to see a Plan of Attack to build around the current Gateway Owners (Exit #1).. Remember... QCOM's Vendor Financing is pretty much maxed out.. And with the recent stench of "Cabiism".. I don't think QCOM will be in any mood to build some more Gateways as a Gratis jesture. So I don't think.. Hey!! Well just have Qualcomm build us another 30 Gateways and have them Vendor Finance them to us!!

Tell us what you would do if you were "In Charge".. Where you would build the Gateways, Secure Funding, Time Tables to do such, in contrast to Globalstar's current financial needs..

PCSTEL