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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 56.80+0.2%Nov 21 9:30 AM EST

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To: Valueman who wrote (5879)7/20/1999 6:41:00 PM
From: Rono  Read Replies (1) of 29987
 
This will be an interesting company to watch.

Seems like satellite mobile communications should be a natural progression from terrestrial, and being one of the first to market could be a huge advantage for Globalstar.

But with Iridium's much advertised problems, what will G do differently to insure it's success? With phones starting at $1000 and per minute rates up to $2, it doesn't appear they will have a competitive advantage compared to Iridium. Why will they succeed when Iridium failed?

Comments?

Ron
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