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

To: Maurice Winn who wrote (27711)	3/24/2010 4:01:53 PM
From: pcstel	Respond to of 29986

>o you mean to say that Globalstar could go broke and end up owing Qualcomm?< No.. Not exactly... But, Globalstar has another 24 satellites coming off the production line beginning in late 2012 through 2014 at a cost of €9 million each. I am sure they would rather pay for that with part of that with the proceeds of the 100 million in Handset inventory they will posses. I would guess somewhere around 125k to 150K handsets. PCSTEL

To: Maurice Winn who wrote (27711)	3/25/2010 12:50:47 PM
From: pcstel	Read Replies (1) \| Respond to of 29986

Do you mean to say that Globalstar could go broke and end up owing Qualcomm? Joy of joys = imagine if Globalstar was taken over by Qualcomm in entirety. That doesn't bring good images to my brain Maurice. Should we revisit Omnitracs?? Here is a company spawned out of some imaginative thinking. Mobile units communicating with Fixed Satellites using what basically amounted to a compass to roughly point the antenna to the southern hemisphere. They built a Rube Goldberg machine into a multimillion dollar enterprise, and then let it wilt on the vine as they refused to adapt to new technologies and ideas. Rumor in Rome was that they (Qualcomm) were looking for a buyer, or needed new direction and thinking, possibly employing Globalstar.. So they recently hired back John Sarto who ran the division back in 1997-1999 (I think it was QWBS back then) in it's heyday. John Sarto Returns to Qualcomm Enterprise Services to Drive New Business Development Strategy qualcomm.com If Qualcomm's idea is to let something like Globalstar wilt on the vine due to complacency... No thinks.. PCSTEL