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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 68.27+0.7%Dec 9 3:59 PM EST

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To: Maurice Winn who wrote (9980)2/8/2000 3:05:00 PM
From: Rocket Scientist  Read Replies (1) of 29987
 
Maurice, BLS is quoted in this week's Space News as saying G* "is unlikely to lower the wholesale per-minute price it charges resellers of the satellite telephone company's services."

Article goes on to note the $0.47/minute average wholesale rate.

In yesterday's cc, mgmt said that per minute retail rates in China, Venezuela and Brazil were being set below 1$/minute (though the G*doBrasil website still indicates well above 2$/minute, dammit.)
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