To: djane who wrote (4216 ) 4/27/1999 1:48:00 PM From: Geoff Goodfellow Read Replies (2) | Respond to
Dear djane, et al: i didn't buy into Valueman's "severe Inmarsat limitations" discussions. And yes, i am saying Globalstar (and Iridium and ICO) should be worried about Inmarsat Mini-M. However, more importantly, i believe everyone should be worried about the actual demand and demographics for these services, especially given the history of the existing like-services, Inmarsat Mini-M and American Mobile Satellite (AMSC). Having been involved in the wireless & computer industries since before the start of cellular telephone services i have seen all to first hand what happens when these promoted Grand Visions (aka the hopes and desires) of the business building phase are interdicted with the post-launch reality of actual customer signups (or rather, lack there of). My conclusion is the best way to make money here is to Buy early in the concept/pre-launch phase and Sell (and if you have the stomach for it Short) on launch. In closing, i would highly encourage any potential investors in these stocks to throughly understand Inmarsats and AMSC (SKYC:NASDAQ) business, history and (small) customer base. I believe you will find it very indicative of coming attractions in this space(pun not intended). However, only time will tell who is 'right' (and for those you who have invested in these stocks, i hope and would be happy to be 'wrong'). At this point, i believe i have had my say and it is only wise, having stirred the pot this much as I have as a serious doubting Thomas, to return to a lurker/reader status on this thread. On the positive side, i am an absolute self confessed lover of the technology aspects, but just can't get over the hump when it comes to a viable business case. Good luck to all!
