Globalstar Inc (GSAT)

[Bouray00]

I have to admit that it would be hard not to take profits at $8 or around that area. However, I think the $12 range could be low if we get full FCC approval. I do not know enough about this technology to foresee how communication and WIFI will change in the next few years, but to put things into perspective, look at how fast technology changes today as well as how many mega companies are fighting for your dollars. I think Hughes Net is the only option for high speed WIFI once you leave the suburban areas and venture out into the rural areas with no cable or phone lines.

I work for an electric utility, and I can tell you, there is no larger cost than to maintain poles and wires. Communication from satalite would be more cost effective from a maintenance standpoint, and are not threatened by storms, tornados, fire, hurricanes, etc...

Yes, it will be hard not to sell, but the greedy me sees a much higher ups in the future.