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

To: brian h who wrote (484)	3/14/1998 3:21:00 AM
From: Maurice Winn	Read Replies (1) \| Respond to of 29987

BrianH, investors don't care about sideways movement because they aren't selling. Speculators are. People often make comments as though Ericsson has had a better share price increase than Qualcomm. But go back to the IPO for Qualcomm. $8 per share. Now $48. That is 6 times. Check out Ericsson from the same period. Sure you can pick the low in a valley, but look at the general area of price in 1991 when Qualcomm went public. Sure enough, $8 per share. Now they are $48. But they have been paying a bit of dividend. But nothing to retire on. So they are about the same. Now look ahead 10 years. Where do you think CDMA will be? GSM? What are the current trends of market share growth? TDMA is fast [that includes GSM] but CDMA market share growth is much much faster. Iridium is talking cdmaOne [which is the only CDMA they'll be using - forget about Ericsson's vapourwear] for their second constellation. That means more royalties for Qualcomm. Maybe Motorola will get Qualcomm to make phones for Iridium CDMA. I don't aim to comfort. I aim to be right. Like Forest Gump often enough but that's okay. Some things in life are uncomfortable. Some feel like an asteroid heading for you with your name on it. Because o f Globalstar's concentration on one small thing compared with Qualcomm's widespread cdma/eudora/Omnitracs/ASICS manufacture/Palm thingy/vendor financing/ efforts, I suppose they will probably return greater profits. But Qualcomm seems so undervalued and still not in profit [of course not when development is still vital] that they should be the better investment over the next year. But bloody hell, who knows which direction the herd will stampede. Meanwhile, Globalstar's share price is in orbit. Maurice