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Globalstar Telecommunications Limited GSAT
An SI Board Since October 1997
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29394 245 0 GSAT
Emcee:  Maurice Winn Type:  Unmoderated
Here we go again. Thermo has been in charge for 3 years. In that time they have gone from 100,000 subscribers to somewhat over 200,000 which is not a very good effort at all, and certainly they have defaulted on the opportunity to demonstrate a high level of demand at low prices per minute [meaning 10c a minute for the regular bloke, not some "vertical market" $60 a barrel deep Arctic oil explorer wanting a million minutes a year on a "Liberty Plan".]

Now the constellation is conking out and it's time to get the replacement in the sky.

That will have to be justified on low usage since they have failed to demonstrate high usage. They have a few customers using a few minutes, not hordes using hundreds of minutes.

There is a prospectus registered, and price per share is now being discussed in public.

New and slightly improved handsets are nearly ready to sell. A new constellation is being designed. Hundreds of million of people around the world want rural/oceanic cellphone coverage if not cyberphone coverage - at the right price.

It was amazing that such a good system, which was easy to sell at the right price, was wasted during years of marketing incompetence. Thermo has conducted some half-pie recovery, but not very enthusiastically, with reluctant minute price cuts. Prospective customers have shown what they thought of the price cuts - "yawn".

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29394Not sure if this has been circulated.. Specification sheet on DTX-3 modem chip pcstel1September 7
29393So... If they sold the shares... What would their cost basis be? 850MM??? Thatpcstel-August 19
29392So it begs the question - if they did not warrant a mention, how come they held Jeff Vayda-August 19
29391<So PCSTEL, how does an aspiring 'internet reporter' find out these dpcstel1August 19
29390So PCSTEL, how does an aspiring 'internet reporter' find out these devilJeff Vayda-August 19
29389ZACKS.... Globalstar (GSAT) Gains as Qualcomm Buys 4.15 Million Shares Recentpcstel2August 18
29388Yes, I did fall for that. It seemed odd and I was not able to come up with anyMaurice Winn1August 17
29387<Qualcomm paid $17,656,000 for 4,154,400 shares in Globalstar. Over $4 a sharpcstel3August 15
29386Mq: was that current value or what they paid for the shares? I Went back a did aJeff Vayda1August 15
29385Qualcomm paid $17,656,000 for 4,154,400 shares in Globalstar. Over $4 a shareMaurice Winn1August 15
29384something happening here... the International Bureau and Wireless Telecom Bureazxqwertas2August 13
29383Globalstar Advancing Domestically on TLPS Spectrum, Internationally on Duplex SuJeff Vayda1August 13
29382o3b trivia: the July 10th launched satellites are FM3, FM6, FM7 and FM8 n2yo pzxqwertas-August 1
29381I've never liked getting free stuff from citizens and taxpayers as a businesMaurice Winn-July 7
29380Jim Cramer all over Gstar with a long segment. Plenty of links out there if you Jeff Vayda1July 2
29379Thermo is Jay Monroe who might not be running Globalstar to look for an exit strMaurice Winn2June 20
29378So what's the exit strategy for anyone who bought this < $1 range thinkindonaldg-June 19
29377Well that is one way to get ride of the stale old Qcomm phones. from Via SateJeff Vayda-June 2
29376Woohoo, look at the ARPU go!! But it would be more useful if arpus were sometMaurice Winn-May 12
29375<<i>And while SPOT is nice, there just isn't a big enough market toMaurice Winn-May 12
29374Globalstar Sees Revenue Growth, Awaiting FCC and FAA Approval for New OpportunitJeff Vayda-May 12
29373So we are on track to easily meet the 'Facility Agreement". Who is it wJeff Vayda-May 11
29372>Adjusted EBITDA increased over 50% to $3.8 million during the first quarter pcstel1May 10
29371Globalstar, Inc. (NYSE MKT: GSAT) will announce its first quarter 2014 financialJeff Vayda-May 5
29370Iridium saw a significant increase in revenues... A strong performance in the luJeff Vayda-May 5
29369It's now over 20 years ago that I first got excited by Globalstar. It'sMaurice Winn1April 27
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