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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 73.01-0.9%Dec 12 9:30 AM EST

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To: djane who wrote (5679)7/12/1999 6:07:00 PM
From: JMD  Read Replies (1) of 29987
 
djane, maybe the quoted G* offical was lamenting I*'s woes with a Cheshire cat grin, but if Bernie hadn't pulled off the financing I can almost guarantee his melancholy would be for real. I'm naive enough to think he was on the up and up anyway--unless 3,696 market studies are all dead wrong, there's demand aplenty. When you're trying to get a market launched, a fiasco of Iridium's dimensions casts a very broad stink bomb over the whole business of satellite telephony which means you lose Wall Street for. . .how long?
Even the cynical side of me can't get too excited, at least not yet. Iridium's crash and burn erased our Zenit fiasco in one fell swoop-- an incredible bit of luck. But only if we sell the service like hell won't have it. This thing is teed up beautifully: I'm with Maurice on the pricing two thousand per cent. Don't care if we give handsets away for $50 and the first 1000 minutes free. The value of a network increases exponentially with the number of users on the net: get customers by the bushel load and our stock price will reflect that value. NO customers and we ain't going to Disneyland, CDMA, bent pipe or blah blah blah. Imperative to demonstrate market demand, period, end of report. We do that and all the analysts are going to forget Cox/Zenit faster than you can say cash flow. We don't, we're toast. Loral/Globalstar guys and gals: turn the marketing pros loose and don't stop till every transponder is maxed to the gills. With apologies for mixed metaphor. regards, mike doyle
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