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


To: A.J. Mullen who wrote (24489)11/28/2001 9:23:34 AM
From: Jon Koplik  Read Replies (1) | Respond to of 29987
 
Irwin Jacobs' CNBC talk re : G* Aviation Safety System (I think that is the name being used).

Dr. J was on from about 7:18 A.M. - 7:23 A.M. today (11/28/01).

So, everyone who believed that the interview was scheduled for 7:30 -- I hope you were not too "tight" if you set your VCR ...

I thought Dr. J was just great.

He explained the concept of the system clearly and succinctly.

Mark Haines (of CNBC) introduced the idea of "Qualcomm has expertise in monitoring transportation vehicles" through its OmniTRACS product.

Dr. J had (what I thought was) an interesting "surprise" :

through a BREW software application (and Verizon), someone on an aircraft using one of these G* systems can see video from aircraft video cameras on their ordinary cellphone !

Dr. J said that the "sky marshalls" might all want to do this ...

Also, Dr. J pointed out (that in his opinion) that the cost of the system (around $200,000 per plane) is not prohibitive.

Jon.



To: A.J. Mullen who wrote (24489)11/28/2001 3:41:23 PM
From: Maurice Winn  Respond to of 29987
 
<You'll be glad to hear Maurice that the cost of such evacuations are charged to the individual. >

Ashley, as I was reading, I was thinking "Fine, but who the heck is paying for this Mayday helicopter rescue from the Grand Canyon?" so thanks for pointing out that it's a 'user pays' service.

<The problem with providing an ermergency-only service for which one is only charged in the event of the emergency is that it could be a PR disaster for the company: "Company profits on Disaster!" >

Does the helicopter make a profit? How about the hospital? The doctor who treats the injured person? The insurance company which insures the risky behaviour? How come the Globalstar phone people, who provide the most valuable part of the service, the call for help, is supposed to pretend to be a charity? Globalstar should charge $1000 for such a call. The biggest profiteers from medical crisis are the doctors with their huge fees. Creating a Globalstar phone system takes a lot more talent than plastering a broken bone.

"If you are phoning just to have a chat, the price is 20c per minute. If you are phoning to save your life, the price is $50,000 per minute. If you can't afford that, the price is only $10,000 per minute. Still too much? Okay, if you can afford $100 we'll put it through". That's my preferred charging system.

I have no idea how those calls can be separated so I think the answer is to have WackyWireless pricing to ensure space is always available and the system heavily used and thus make the system attractive to everyone. It would be annoying to be in an emergency, having to make a trade to save a margin position, or ankle, and Globalstar is full of busy signals.

Mqurice