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

To: pcstel who wrote (26751)	2/26/2008 8:07:57 PM
From: Maurice Winn	Respond to of 29987

Wow, only 27% call completion rate for Globalstar. It seems that my guess on number of satellites still in operation might have been generous. From the QUALCOMM stream: <To: A.J. Mullen who wrote (74844) 2/22/2008 11:11:58 PM From: Maurice Winn Read Replies (1) of 74967 GLOBALSTAR finally, 10 years too late, adopted Mq's patented p-----g policy [a close approximation to it anyway]. I haven't been told the actual reasoning, but I hope it includes final acceptance that that is the way to sell GLOBALSTAR minutes - make them free!! The main reason is [I guess] that the constellation is so full of holes, that the holes have joined together and there are now areas of transient coverage rather than occasional holes. Subscribers therefore expect to get dropped calls meaning they will complain and want credits to their accounts in compensation. The administrative burden of issuing credits for every second call would be too much. So, don't bother measuring the minutes, just turn subscribers loose and they can press redial if the call drops, and not be charged extra. A LOT of satellites have died. There are 8 which were launched last year, so they will provide 20% coverage even if all others die. But there should still be quite a lot in operation. I don't have numbers, but my guess is that there are about 25 still working. Maybe only 20. They issued a commentary in about November to the effect that continued satellite failures meant this year and in 2009, there could be almost none of the old satellites left working [for voice].> Mqurice