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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 60.15-4.2%Jan 16 3:59 PM EST
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To: Maurice Winn who wrote (5112)6/8/1999 12:23:00 AM
From: Veiko Herne  Read Replies (1) of 29987
 
Thanks

I hope, this price has been calculated by expected number of usage, not to 100% capacity. As I see, pricing a call depends a market. If You want to use a SAT phone to announce, that You reach to Mount Everest or use it for reporting news in catastrophe or war zones, where other telecommunication is broken, it can be priced anywhere up to $10-$25 minute. This is, what Iridum marketed it. The number of customers, who want to use it are very limited. If You want to use it for long distances, global phonenumber and something to be proud of, I think current Globarstar pricing is right. In Estonia there is still monopoly in telecommunication and long distance to US costs $3.5/ minute. However, I can use a callback service for 44c / minute, which is unlegal. I don't know yet, will the Globalstar phone here be unlegal.

Veiko

P.S. I'm not in telecommunication business. I have a business software firm - financials98.com
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