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

To: Tahoetech who wrote (21685)	1/31/2001 11:34:48 PM
From: dwight martin	Respond to of 29987

Just a thought, second time around: Since the mobile network licenses of the gateway-owning SPs ought to be (and probably are) dependent for their continued legal existence on those owners having a contract with G, and since G could nix those contracts in a reorganization, wouldn't the legal basis for the existing license also vanish in the process? And wouldn't that give G* or its successor the power to self-license new gateways if they could not extract lower pricing from the gateway owning SP? For example, TESAM's only business is as a G* land link, as far as I can tell from looking at the ART (French telephone regulator) website, art-telecom.fr. If G* threatens to nix the contract with TESAM, TESAM is looking at two choices: (1) going out of business, and being replaced; and (2) doing business with the G* phoenix. I don't think even the French would refuse to issue the required mobile license to another SP or to G* phoenix itself if some arrangement couldn't be made with TESAM. Multiply this scenario by some number representing the gateways held by non-Q, non-LOR, non-G* entities. Faced with the prospect that the gateways and their related investments might be zeroed out by a judge in the USA, why wouldn't they play ball if their rake covers their costs and gives some profit??

To: Tahoetech who wrote (21685)	1/31/2001 11:55:16 PM
From: Maurice Winn	Read Replies (2) \| Respond to of 29987

<...didn't they also have phone production problems, weren't they late in getting them delivered, in fact, if memory serves me, wasn't there a brief time we wondered if Q* was to go show any interest at all? > No, that's incorrect. QUALCOMM had phones ready on time. Actually, QUALCOMM had phones ready a year before service was started. I used Globalstar phones in June 1999 and those were already the second iteration. QUALCOMM produced everything from ASICs, software, handsets, gateways and so on in a timely and high quality manner. Globalstar [Bernie] wanted QUALCOMM to start producing 100s of 1000s of handsets without any orders [with cheques attached]. QUALCOMM sensible declined, waiting for actual orders, but nevertheless, there were more than enough handsets produced to stock all distributors and anyone who wanted one, three times over. Your memory doesn't serve you well. There was NEVER a time when it was even a question as to whether Q! would show interest. Q! has been a powerhouse of Globalstar since the beginning. L M Ericsson was the handset culprit. They had half-baked phones on display at Telecom99. Those had to be hidden by Globalstar because they became an embarrassment and only the QUALCOMM ones were freely available [many, many of them] for visitors to try. Bernie has got the credibility of the Little Boy Who Cried Wolf. For him [who said he doesn't know his marketing elbow from his nose] to try to take over marketing is absurd - and the results from Loral and their controlled service providers show that. Irwin Jacobs has got excellent credibility. Vodafone has no credibility either. Vodafone doesn't even have innocence - their cynicism extended to saying CDMA stands for 'Can't Dial Me Anywhere' and hiding the phones out the back of shops in Australia. At least Bernie obviously believed what he was saying and put his own money where his mouth was, all the way down the line. Vodafone is ... deleted... that's not how I speak about people. Suffice to say that Vodafone and the other service providers have failed in what they claimed [falsely if not fraudulently] was their primary competence = marketing ability. When doctors, mechanics, pilots, tyre manufacturers, hot coffee sellers and other businesses show incompetence, negligence and wanton disregard for contracted terms never mind professional standards, the lawyers start filing damages claims, breach of fiduciary duty, duty of care, stuff like that. We have heard how they wouldn't give Bernie the time of day - good going Vodafone - that's apparently the way Vodafone handles professional relationships. That attitude does NOT show any professional standards, duty of care or whatever they are supposed to have done in their area of expertise on in their contractual relationship with Globalstar LP. I saw that attitude on day one at Telecom99 from Mike Kerr. Vodafone and other service provider failures were not due to bad luck, inadequate market, or any real problem which the most simple-minded marketer couldn't overcome with even a half-baked effort. It was simply absurdly greedy price demands, with prices being way above any reasonable level when demand was shown, [over a year ago], to be poor at best at the offered prices. Prospective customers and existing customers have communicated ad nauseum to Globalstar merchants that price is the primary problem. Bernie said there was no price push-back or requests for Globalstar LP to lower wholesale prices, which shows the Vodafone and other SPs don't understand the relationship between price and demand. This despite nearly all comment I see as being price as the main problem. Now undercapitalisation is a major problem too = lack of confidence by subscribers that Globalstar will continue in operation, wrongly of course, but that's a significant subscriber concern. Jon Koplik didn't even use his Globalstar phone to phone somebody to demonstrate the quality - first he phoned on his cheapskate terrestrial phone to see if they were there. He's a registered fan club member, so people not in the fan club aren't going to be more enthusiastic [and their average monthly MOU shows that]. Mqurice