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

To: Maurice Winn who wrote (2782)	2/4/1999 6:06:00 PM
From: David Wiggins	Read Replies (1) \| Respond to of 29987

Maurice, Your point about 'capital employed' is logical, but irrelevant. The value of a thing is based on it's current worth plus an assumption of it's future value. The past, as in 'capital employed' is meaningless. I've made enough bad investments to know that :-). The real question is the value of an Iridium constellation in orbit with suboptimal technology and the value of a Globalstar constellation mainly on the ground with (perhaps) potentially better technology. BTW, I'm a newbie here and have certainly appreciated your's and other's intelligent commentary. Thanks, Dave

To: Maurice Winn who wrote (2782)	2/4/1999 6:22:00 PM
From: djane	Respond to of 29987

18:05 [NOK.A] NOKIA SEES WIRELESS SUBSCRIBERS TRIPLING TO 1 BILLION IN 6 YEARS [Well, I guess that takes care of the demand question :-)]

To: Maurice Winn who wrote (2782)	2/4/1999 6:39:00 PM
From: djane	Read Replies (1) \| Respond to of 29987

This just in . . . updates from San Francisco. Overheard at Montgomery conference [No GSTRF reference, but interesting CDMA/cell phone projections] cbs.marketwatch.com By CBS MarketWatch Last Update: 6:16 PM ET Feb 4, 1999 Qualcomm's (QCOM) chief financial officer, Tony Thornley, said the code-division multiple access wireless market has a "very bright future" that will benefit his company. Qualcomm develops CDMA technology, including phones and chips, for the cellular wireless industry. Growth in Japan, Thornley said, should jump from 300,000 subscribers in 1998 to 3 million in 1999. The market for CDMA technology is expected to be hot, but analysts have questioned whether Qualcomm's handset business can compete with giants like Motorola (MOT) and Nokia (NOK.A). With a current shortage of handsets, "we don't see the competition as a problem," Thornley told an audience at the NationsBanc Montgomery Securities tech conference. "But certainly in the future we see that as a major factor." Motorola's (MOT) personal-communications sector president, Fred Kuznik, said the company's key growth areas in 1999 will be in Europe and in digital cellular. He predicted European growth of 50 percent over the year. In an animated NationsBanc Montgomery Securities tech conference speech peppered with witty remarks, Kuznik predicted the cellular industry in 1999 will grow to 215 million units from 155 million units in 1998. Analog's portion of the market will fall to 6 percent in 1999 from 16 percent in 1998, according to Motorola's projections. In addition, the company has set up four research centers worldwide to get input from product users. The company is also working on jumping into the retail arena. As an example, Kuznik said, Motorola is looking into developing retail kiosks. The company, he said, will have further announcements regarding its retail plans throughout the year. Still on the telecom front, a quartet of cell-phone companies said at a conference luncheon that wireless phones will become a lot more than phone. One hundred and sixty million cell phones were sold last year, and they are getting increasingly sophisticated. Look for "personalized phones for everyone, but in a mass market," said Fred Kuznik, the head of Motorola's personal-communications division. Cell phoners in Europe put a premium on the display of numbers, while Asian users value a certain length and weight, he added. Bo Dimert, who heads Ericsson USA (ERICY), said he expects cell phoners to be able to set up "user profiles" that customize phone operations. In the future, there will be "different devices for different needs," said Kari-Pekka Wilska, the president of the mobile phones unit at Nokia. An executive, for instance, might have a "business phone" in addition to a cell phone for playtime. CBS MarketWatch's Renegade reports are straight from the mouths of company executives -- at investment conferences, in product announcements and in interviews. © 1997-1999 MarketWatch.com, Inc. All rights reserved. Disclaimer. MarketWatch.com is a joint venture of CBS and Data Broadcasting Corporation. CBS and the CBS "eye device" are registered trademarks of CBS Inc.