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

To: Phil Jacobson who wrote (576)	3/27/1998 3:50:00 PM
From: Maurice Winn	Read Replies (2) \| Respond to of 29987

Time for a rant! 1 Cellphone signals won't go through metal. Neither cdmaOne nor Iridium's TDMA. That is why you can't use a cellphone inside metal box elevators [lifts] in buildings. 2 Glass hardly absorbs any signal, so both can be used inside cars if line of sight to a satellite is available. Because Iridium has more satellites, there are more line of sight opportunities - also the satellites are lower, so average transmission path lengths are shorter, meaning less power needed. Which is counteracted to some extent by the reduced signal strength needed by cdmaOne systems. 3 Globalstar share price dropped because I told a friend to sell Globalstar and swap to Qualcomm - which he did. Now he owes me a big, fat, lunch. No doubt the broker picked it up and the word is out! Qualcomm will be $80 soon. Don't miss out. I didn't sell, because I'm not a trader - I'd have to pay capital gains tax if I were. Globalstar will be back up again in a few months, climbing ever higher. 4 Globalstar wholesale price is 45 cents, approximately, per minute, to which you can add reseller charges and long distance charges. With demand as expected, the price will be nearer $2 per minute than $1 per minute. 5 Coverage for Globalstar will be near total. Efficient charging systems - single billing etc will be more important than coverage. Iridium has this area good. 6 I can't be bothered covering again the idea that GSTRF is for the starving millions and Iridium is for the stupid, rich, businessmen. People will size up the benefits of each system and the price charged. Simple. Easy peasy. Stupid rich businessmen who couldn't care less about the company's profitability will choose Iridium because it has cachet - apparently. People, including rich businessmen, who want a really good, small, high voice quality, international phone will choose Globalstar... provided they aren't chasing polar bears... etc, etc, etc.... 7 Initially there won't be so much demand that both can't handle it. Globalstar is planning a half empty system for the first few years. So there will be competition as soon as Globalstar is operational. I'll not bore you with the interplay between handset prices, demand based pricing etc etc and blah blah. What restraint they cheer!!... Mqurice