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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 55.33-2.4%10:16 AM EST

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To: TMann who wrote (5884)7/20/1999 9:12:00 PM
From: Serendipity  Read Replies (2) of 29987
 
It is not just an issue of price. It is also one of functionality. Imagine carrying around a cell phone that does not fit in your pocket. Imagine having to go outdoors to make a satellite phone call and having to deal with any/all of the following impediments:
1) no line of sight to the sky
2) too hot/sunny - standing under an umbrella does not work
3) too cold - get frostbite halfway through the call
4) raining - soaking clothes and look stupid
5) too noisy
6) not safe
7) police think your antenna is a gun and nail you for being a possible terrorist
8) In response to item 6, your phone substitutes as a pretty powerful club
9) look like a moron standing in an open field speaking on the phone

I think Globalstar would have been extremely successful if the product had been launched a few years ago. But cell phones have boomed. The global traveler is the only market. It's places that operate on different protocols that have use for a satellite phone. That, and vertical markets like oil rigs, armed forces etc.

Regions that do not have phones do not have the per capita income to pay $2 for a phone call either.

Pooky
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