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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 66.57+3.9%2:50 PM EST

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To: Maurice Winn who wrote (27705)3/24/2010 12:59:51 PM
From: pcstel   of 29987
 
<Monroe said there is plenty of room for competition. “Everybody’s business plan on this panel is different and [there is] room for everyone to make money. I think Globalstar is trying to do something fundamentally different from Iridium or Inmarsat. >

Monroe is simply stating that Globalstar is not simply going after the same "vertical markets" as the competition.

It called being a "professional".. You don't go around telling the press at a public meeting that the market is small and that your competitors are all going out of business.

Globalstar Dalton and Navarra have both indicated that they can't wait to begin to "return the favors" they owe Iridium.

PCSTEL
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