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

To: satman who wrote (26153)	11/3/2006 7:58:14 AM
From: hedgefund	Read Replies (3) \| Respond to of 29987

Can anyone make the case for investing in the new Globalstar? I was a big loser on Globalstar1 and am not aware of any change in strategy by G, pricewise, that would alter the outcome this time. The one factor that has changed is that the constellation is older.

To: satman who wrote (26153)	11/3/2006 12:11:15 PM
From: Maurice Winn	Respond to of 29987

Coverage is currently dodgy because of holes in the system due to dead satellites, but it's still reasonably serviceable. They really needed to get all this done a few years ago. As you say, it's going to be a bumpy ride through to the launch of the second constellation, though the launch early 2007 of some spare satellites will plug some gaps and provide better coverage. Thanks for providing user input. The new phones will improve things too, though it's more a revamp of the old phone than a complete update to modern technology. The new satellites should provide better link budgets too, so phones wouldn't need dirty great anennae, and after a few more constellations we should be at "Beam me up Scotty" standard, with a wrist phone and pulsed monocycle link to an earpiece. Mqurice

To: satman who wrote (26153)	9/30/2018 10:12:35 PM
From: pcstel	Respond to of 29987

Interesting in retrospect. Only one post by Satman in the history of SI. Message #26153 from satman at 11/3/2006 6:01:52 AM GSAT: This will be VERY Interesting. The S-1 Filing for Globalstar points out many of the risks associated with the offering. One thing it did not point out was the facts of the health of the current constellation. Has anyone tried the service? If not, go outside and see if it works. I question anyone who sunk their $$ in this yesterday to even know how healthy the product is. There is a very bumpy road ahead with the replacement of the constellation and waiting until 2010 will be a stretch at best. 2008 would be a stretch after Iridium and soon (Inmarsat handheld) take all the dissatisfied customers away from GSAT. I'm a long time user of handheld satphones and just traded in my Qualcomm Globalstar handset for an Iridium for purely one factor - reliability. If every Globasltar customer who took their phone out of the closet (since that's most of the users base, not oil & gas companies humping thousands of minutes) and tried to use it, there would be an onslaught of churn and defections. Needless to say, I'll sit back and watch the struggle. All I have to say for GSAT is "Can you hear me now?" Robert White