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

To: ebg51 who wrote (26137)	10/11/2006 12:55:37 PM
From: Maurice Winn	Respond to of 29986

Here's some information on demand [from Readware, back in 1997] from one of the early posts. The market researchers must have forgotten to tell people that the system would cost them $3 a minute and $2000 for the phone. But note, Globalstar is still "on plan" with the second constellation being planned right on the original schedule, 2006. I'm having a look for the cost of the first constellation. I think it was perhaps as much as $2.4 bn, but that might have included the gateways and all costs up to about Y2K. They had very high costs when they thought they were Go-. I suppose I should have bailed out and not let such mania take me down [having already identified that they were going about marketing in the totally wrong way - charging prices so high that only the rich would buy it]. Ah, the good old days: <Subject: Re: Estimates, G* Second Generation Date: Sun, Oct 5, 1997 2:11 PM From: Readware Message-id: <19971005141101.KAA05244@ladder02.news.aol.com> I have in the past, if you recall, posted webpages here for the Ovum, Leslie Taylor Associates, and Ingly studies on expected numbers for Globalstar users. Ovum predicts 8 million users by 2002 for Iridium and G, with a spill overflow to subsidiary systems. Taylor is at 10 million (divide by 3), and Ingly is close to 12 million. KPMG Marwick is at apparently 3 million for G in 2002. I do not know this as fact, but they did do the Globalstar study, among other consultancies, before Globalstar emerged from Loral Qualcomm (the old name for Globalstar). Frost-Sullivan has not posted numbers so far as I know, but in the September issue of GEOTELEPHONY they have stated the demand is extraordinary. I have in the past stated, however, that it is the survey of resellers who will have the final say in satcom telephony demand. We will know sometime in March of 1998 how strong satcom telephony demand is because that is when iridium commences operations. Its President, Edward V. Statiano, has confirmed the statements of Globalstar that there is not enough system for the global demand. Note that both Iridium and Globalstar last week petitioned the FCC for a second generation system in 2002. This is a major move indicating that what I have said all along is now being borne out-- there is not enough satcom system for the telephony data demand that is now becoming clearer to all satcom industry observers. Globalstar will be short of capacity in 2002, and I suspect that it will also be short of capacity in 2006. Note, that *originally Hyundai and G were supposed to start working on a second generation for implemetation in 2006**. Now Globalstar has stated that it will be in 2002. This second generation system, which will exist in concert with Cyberstar GEOs and Skybridge LEOs, assures Loral shareholders that Loral will be a pre-eminent seamless constellation power for communications services globally in the year 2002. By the year 2002, from my numbers, Loral will have operational, in concert with Skybridge, 10 GEOs and between 100-110 LEOs. The GEOs, by my calculations, will hold over 480 transponders-- and this excludes the Mexico auction situation. In 2002, Motorola Celestri will be the competing power. Subsequent systems such as Teledesic will not be fully functional till 2003-2004. > Mqurice

To: ebg51 who wrote (26137)	10/11/2006 1:58:44 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 29986

The cost of Globalstar was $2.4bn all up, I think [maybe excluding some gateway costs]. Or, maybe $2.2bn www2.uma.maine.edu That included all the costs. So, just rehashing the existing constellation and launching another 48 of them should cost only about $1bn in my estimation. I don't believe costs will have gone up. I am sure they will have gone down from the late 1990s. I believe the $1.2bn figure. I suspect I could hack it lower than that too. How about the Zenit? I think launch some more on that. 4 launches on Zenits should be cheap. They should remember to undo the mooring rope before pushing the launch button this time. Mqurice