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


To: Geoff Goodfellow who wrote (23981)8/3/2001 5:26:32 PM
From: Maurice Winn  Respond to of 29986
 
*** Why Globalstar is a Multi Billion Dollar Industry *** GG, yours was the most convincing argument and matched mine. I said the same things but thought they would change their marketing. It was only in the very late stage when you dragged out the metaphysical certitude that I realized that those running Globalstar would NOT change their ways. They would go to the dole queues and lose their investments rather than change.

Until then, I understood and agreed with all that stuff you'd written. I went through all the same process, checking the competition, going to see gateways, the company, their displays at Telecom99 and using the phones and visiting the QUALCOMM Globalstar people and even investigated installing a gateway in New Zealand. I got a QUALCOMM guy to come here to sell CDMA to Telecom New Zealand and discussed Globalstar with him [he was a designer of it for QUALCOMM] and he was where I got onto the Current Price Is stuff because he argued I couldn't get cheap Globalstar minutes in NZ because the power supply is better used in the high value areas.

I was sure they wouldn't sell much at all at the prices they were talking about. Originally it was going to be $1 and somehow that morphed into $2.20 in Europe and even more when roaming, with high monthly charges and phone prices off the planet.

You were right and I agreed that the oil drillers, fishing boats and miners wouldn't require enough high-priced phone service to fill the constellation and make it financially successful.

But I still think you are wrong that there is not enough market at 20c a minute and with phones at $700 and no stupid monthly charges. At those prices, they would fill the constellation. At those prices they would get $3bn a year revenue at 15 bn minutes a year [when upgraded to 1xRTT or whatever tricks they do to get from 10bn to 15bn].

$3bn is real money.

20c a minute is cheaper than most phone services which involve mobility, international calls, regional calls or rural calls. No latency! High quality. Convenient phone. Data available too. Any half-baked salesman or website could sell that service.

It can't lose if sold properly.

It is a $$multibillion revenue stream going to waste!

Globalstar is a Multibillion Dollar Industry.

Mqurice



To: Geoff Goodfellow who wrote (23981)10/20/2002 2:58:37 PM
From: Maurice Winn  Read Replies (1) | Respond to of 29986
 
Well Geoff, it seems that Globalstar has outlasted YOU! Life is ever full of surprises, not all of them as much fun as we'd like. <The Dearly Beloved (Nearly Departed), like Iridium and ICO before it were just grand, wonderful, superlative visions>. Our Dearly Beloved has still not departed, a year on from your eulogy. But where are you?

I'm sure you can't be deceased due to the floods in Prague, but your posting rate has been low enough to be consistent with that possibility. I suppose you are flat out fixing up the Alcohol Bar again after it was submerged [I suppose it was submerged, being in the basement of an old building, though we didn't get a report].

Globalstar, Bernie and Old Man River, just go rollin' along.

We are now celebrating THREE YEARS since Bernie announced to the world in the overflowing tent, with maybe 200 jammed in, no standing room and overflowing, at Telecom99, in Geneva, with Irwin Jacobs sitting impassive in the front row, [failing to nod enthusiastically when Bernie exhorted him to fire up the production lines and roll out those handsets], with "Oh, by the way, this is Tony Navarra" sitting alongside the central Hero, a Hamlet-like figure, of what has turned into a Shakespearian tragedy. There was Mike Kerr of GlobalstarUSA getting bolshy over in the right hand side of the tent, saying they'd sell Globalstar in the way they wanted to thank you very much and not jumping to Bernie's tune, yours truly in the aisle [along with swarms of media mavens and others like spectators at a modern Coliseum] asking why the price couldn't be set at a level to actually attract customers and fill the thing up quick smart. Bernie twice mistakenly calling the satellites 'aeroplanes' [which in a way they are, since they have those energized photovoltaic wings to keep them up], which did make me wonder just a little about how Freudian or otherwise detached from reality the whole scene was.

Globalstar is still going. Subscriber numbers are continuing to build. Restructuring and bankruptcy proceedings are continuing to move, albeit in geological time.

Meanwhile, where are you? Come in Geoff!

Mqurice