SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT -- Ignore unavailable to you. Want to Upgrade?


To: CMon who wrote (4819)5/21/1999 4:29:00 PM
From: Maurice Winn  Read Replies (1) | Respond to of 29987
 
At $800 per share market capitalisation will be about $200 bn. That's a bit light really, because I expect the world's political and economic systems to stay quite stable and The New Paradigm will bring a couple of billion more people into the Globalstar handset owning category.

So, we should expect $600bn. I know this is modest for providing one of the senses for humanity, but keep in mind that although with Constellations2, 3 and 4, we'll be getting to higher data rates and good quality images will also be available on the handsets, prices will drop dramatically for minutes and handsets, resulting in conservative valuations. Telepresence will be worth a LOT of money compared with the clumsy telephony we deal with today.

This is at Feb 2010. I find it hard to accurately predict the future after about 10 years. In the intricate details anyway.

Maurice