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

To: ebg51 who wrote (26118)	10/3/2006 4:23:33 PM
From: Jon Koplik	Read Replies (1) \| Respond to of 29986

ebg51 -- I "hear you" (and "feel your pain") (or your longing for a technological wonder to prosper). What's even more ridiculous is : If you can come up with some idiotic website (such as MySpace or FaceBook) ... OF COURSE it is likely to be successful, and ... be a huge financial winner. ----------------------------------------------- If you and I get a G* handset (actually, I have one from last "round," currently lent to someone), we will not be able to produce meaningful revenues for G* ... Jon.

To: ebg51 who wrote (26118)	10/3/2006 11:49:40 PM
From: Maurice Winn	Respond to of 29986

<Isn't anyone worried about G tanking the way it did before?> Of course. But they have improved a lot of things - mainly the cost of the minutes. But they've got cheaper handsets now too. And, they are bringing out better handsets [albeit single mode]. Their enthusiasm for doing things right, meaning cheaply enough, has been very half-hearted. Now, the old constellation is nearing graveyard time [with many satellites already dead]. The launch in a few months will reinstate quality to passable levels. It's only $1 billion or $1.2 billion. <Where is the next $5 - $10 Billion going to come from to build and launch?* > $1 billion is nothing if they show they can turn $10 into $20 for investors. So far, they haven't shown that. They certainly have the opportunity to do so. The market is there. The technology is there. They have to show some marketing intelligence. So far, we haven't seen enough of that. They also need to show some business management talent [working well with independent gateway operators for example]. Mqurice