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

To: Maurice Winn who wrote (27734)	3/29/2010 12:27:45 AM
From: pcstel	Respond to of 29986

So it's not as though I was unaware of the possibility and had indeed watched the process in action. We couldn't see how Eurotunnel could make money. But we could see that it would be excellent high margin construction work for the organizing construction companies who put the deal together. In your defense.. You were mesmerized, transfixed, and obviously hypnotized by the shinny Gold Plated C-D-M-A pendulum being swung in front of your eyes, with the letters QCOM engraved on the back... Sure enough, it was just like Globalstar. The construction companies got paid, the shareholders and creditors were ruined. Better to have invested in the construction companies then... It's better to do things right first go, but all too often, all the bung ideas are tried first and only when all other possibilities are exhausted do they do it right. You know what they say about the pioneers. Better to come along later after the injun's have been corralled, and the 6 lane Interstate highway competed with the Denny's and the Flying J Truck Stops on the side. I watched Formula 1 racing yesterday [on tv]. What a difference compared with the Model T of a century ago. Changing wheels is quick now and they chat with the drive over wireless and have computers figuring out the transducer inputs. Such a shame.. They have really "dumbed down" the technology to try and cut costs for the teams. Rev. limiters to keep the RPM below 19K RPM. The engineers were working on real cutting edge technology at around 19K RPM. The claimed the largest obstacle was the fact that the parts of the engine would go through and and then back out of the sound barrier as the car went passed 19.5K. So they were concentrating research on how to build parts that wouldn't shake the engine apart as the engine parts broke the sound barrier several times a lap. Obviously expensive stuff... So they outlawed it... Webber had a bit of a gaffe in front of the hometown fans.. On the ashes of my investment will be built one of the world's wonders. Geoff and I will be good guardians of your ashes. PCSTEL