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

To: pcstel who wrote (22446)	3/9/2001 9:07:06 PM
From: Maurice Winn	Respond to of 29987

< But, Indian Service Providers, or No Phones in Europe isn't going to do it!!! I think I have the docs to do it.. But, since my sales during the Class Period were Short Sales.. I don't think I qualify.. And I would not do so anyway!! If there is one thing I have preached over the last several years.. That is to be responsible for doing your own Research, and DD.. BTW.. Where the heck is Maurice???> I do my own DD and Research so I was standing out on a street corner in the cold of allegedly sunny southern California by a huge Truckstops of America truckstop. The boss there told me they have 1,200 parking places for those monster trucks which roar up and down the freeways. I was counting OmniTRACS units, which to me are surrogates for Globalstar customers in the trucking world. I counted about 220 trucks [can't find my notepad now] and there were 108 with OmniTRACS, 100 without, about 8 with a bracket where an unit would normally be [I guess removed units], about 4 of a little pointy type and about 3 of a small round unit. So OmniTRACS seems to have over 90% of the market and over HALF the trucks have OmniTRACS installed. So we can conclude that further growth of OmniTRACS will be slower. But we can conclude that a LOT of operators value communications enough to install OmniTRACS. But at a price. It seems to me that these long-haul truck operators, who spend about 20% of their miles outside terrestrial coverage and do 5000 - 6000 miles a week for a total away from home of at least 80 hours at 60 mph, would love to have a Globalstar truck kit on board for chatting any time. They get up to 40c a mile, plus health and vacation pay. I didn't count RVs, but I guess there are a lot of them too. Since there are about 400,000 OmniTRACS customers worldwide, I suppose that means there are about 1 million truck operators who really should have a Globalstar phone [at the right price] to phone home or base while away for 80 hours a week. The market is there for Globalstar. I wonder if any Globalstar salesperson has stood on the street corner selling Globalstar phones to truckers. I guess they are too sissy. They could set up a stand in a Truckstops of America and sell them [I guess TA wouldn't mind if a fee was paid]. The truckers are all milling around checking stuff out. So, now I am in bed with a cold. Accchoooooo... I haven't read the thread so am a few hundred posts behind [I've had a quick scan]. On the Let's Sue Globalstar fun, I really don't see much hope for the litigants. Yes, I know some stupid juries think hot coffee in the lap is worth millions and OJ should be allowed to kill people because a dried-out glove don't fit so they must acquit. But I prefer to bet on some semblance of sense. Sure, there has been a litany of wishful thinking by Bernie. But being optimistic isn't illegal. Bernie bought all the way down with his own money. There probably were some breaches of the Safe Harbour stuff if people look closely enough and Valueman was lied to [he says] about South Africa having a license. But a few mistakes which anyone is sure to make is surely not proof of wanton neglect or even some neglect or dishonesty, or fraud or anything. I haven't been lied to or misled over the years by Globalstar and have posted profusely how they wouldn't succeed with their pricing intentions. Bernie did say that New Zealand was to get a gateway [with Vodafone putting it in] but that proved to be elusive too and was not the case. Maybe such comments are illegal. But I don't recall them saying a contract was actually signed and that it was definite. I always doubted it and wanted solid confirmation which was never forthcoming. Any half-awake investor could see that they were dealing with a determinedly optimistic CEO who naively believed the service providers who were NOT good at marketing and naively believed the market researchers who are notoriously useless at understanding markets. I will sue any of these class action klutzes who defame me or my company or the people working for it. They had better be very careful about what they say or they might become my biggest profit centre. Accusing a company or individual of illegal acts is illegal in the absence of any supporting facts and especially if the accusations are malicious, which many seem to be. I am pleased to report that my 'Wacky Wireless' theories and Motorola Patent for Dynamic Pricing of Minutes with Displays on the Handset Message 15292387 got some airtime at Globalstar and I believe were sent to Blackstone. But I have zero feedback on whether they will send me a big fee for saving Globalstar or adopt the "Queue here for a handset" minute pricing model. The queue of course being in cyberspace, not on the street. Maybe I'll take 20,000 handsets and magnetic aerials back to that truckstop and hand them out as they stop at my corner. It would only take me about 5 days to sell them all if the minutes were priced right. Those truckers are generally biggish guys who wouldn't mind a meaty sort of Guy Phone instead of a poofy little Nokian 'human technology' phone, where one finger covers 4 keys. These guys aren't 'human' in the sense that Nokia means. These are real blokes. Anyway, I'm sick of typing now and am going back to bed... It was good to attend the QUALCOMM jamboree and funny to see the misquotes about the demise of 3G. I have been travelling, deaf, dumb and blind with no link to cyberspace. I felt like a mole living underground. I had no idea where motels, toilets, gas stations, businesses, roads and so on were located or how to get there or whether they were full, expensive, shut, etc. 3G is going to be a huge seller. So is SnapTrack. So is Eudora and all that Wireless Internet stuff. People who think not must live in a bloody cave or something. Stupid little WAP phones or GPRS heaters with dinky screens won't do it. It's got to be fast, cheap and large enough to read with a fast-refill fuel cell battery. Globalstar will sell heaps of it when they get the price right. Okay, that's my quota for now. [Using a 386 on Windows 95 with NetZero, slow dial-up modem and EudoraMail, 15 inch screen with slow refresh rate instead of my usual always-on ADSL megabits per second with a supertough computer, 21 inch high definition screen, Windows 2000 and Eudora Pro]. Over and outachoooo..... Mqurice PS: I have seen many Globalstar billboards, all the same, saying "Globalstar, where cellular doesn't reach" or something like that, with "call 1 877 SATPHONE". I think they are good billboards. But I haven't come across anyone who has heard of Globalstar yet.