To all GSTRF longs:
I know there has been much concern expressed in these posts regarding the existence of real demand for GSTRF's service. Let me share a thought with you that may ease your concern on this.
My wife is Filipina and hails from a town of about 30,000 people in northern Luzon, the main island in the country. Her mother, now quite elderly, still lives there alone. Guess how much phone service they have in her home town right now? NONE. That's right, NONE. And this in a town of 30,000 people! Needless to say, my wife would love to be able to call her mother on the telephone once in a while just to chat. Once sat phone service is up and running in the Philippines, I plan to personally purchase a phone to send to her mother so she and my wife can communicate. Right now, the only alternative is mail -- not email but old fashioned snail mail. Turn around time on a typical exchange of letters: at least a month. Hell, right now my mother in law can't even place a phone call to any of her other four children, all of whom live in Manila.
Bear in mind that the Philippines is a nation of some 60 million people, almost all of whom have close relatives living here in the States. I am sure there are millions of other families here in America that wrestle with a similar problem, especially when you keep in mind the HUGE number of Filipino immigrants to this country. Now think of the millions of other immigrants (legal and otherwise) in this country who have parents and close relatives in third world countries like, say, Mexico, China, etc. Vast numbers of them have no ability to communicate by phone with their loved ones right now for the simple lack of phone service outside the major cities in those countries.
I know -- this is pretty anecdotal evidence of demand. But based on this line of reasoning, I am absolutely convinced the demand for a service like GSTRF is there and it's real. It will allow countries like China and the Philippines to get phone service to millions of people in their countries who presently have basically no phone service at all because their own national phone companies cannot afford to run lines out to each town and village in the country.
I realize the phone prices may be high. Somehow these third world people will come up with the money. And while the minute by minute usage may be high, that only means that they will be careful not to be frivolous in their usage of the phones. But use the phones they most certainly will!
So don't lose heart if there are delays and setbacks with the final rollout of this service. I realize that the phone production may slow the rollout. And this may even result in a plunging stock price. I suggest all investors should see such a plunge (if it occurs) for what it really will be: an incredible buying opportunity! Because whatever the temporary phone production problems may be, the damned phones will, in the end, be produced and sold.
Why? Because, IMHO, the demand is REAL and it is MASSIVE!
KEEP YOUR EYES ON THE PRIZE!
GO GSTRF!
Lu Xun |
