Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 56.80

+0.2%

3:59 PM EST

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To: Drew Williams who wrote (6082)	7/26/1999 12:09:00 AM
From: Oliver Schonrock	Read Replies (3) of 29987

Drew Nice work on the electrical widgets! Not too dissimilar to my industry. Don't get me wrong "distribution" is THE way to go for G! Iridium plan was hopeless, I don't even want to discuss that. What I am concerned about is that G has understood what that means! Yes they have an advantage by having SPs own shares in G* => they should be interested in theory as you say. How big is that investment? Is it significant to them? Maybe someone else can answer that. The point you made re distribution agreemnents/performance conditions etc is exactly what I am talking about when I say "learning to do business the distribution way". You have to know how to structure that stuff and then accept that it will still give you dissapointing (at least a little) results. The other angle of Marketing leadership I have already mentioned. The only way for it to be cohesive is for it to come from G. How far does G responsibility/influence/control extend? Can they set the price <Go Maurice>? This is all negotiable in the distribution world and I hope G* was savy enough to negotiate smartly! My concern is that they probably haven't got the optimum deal given their lack of experience at this. BTW, there was some talk about change at the top for G*, and them recruiting a marketing type guy now that someone else had been retired. Does my memory serve me badly or was this the case? If so, whatever happened to that? Who did they find? This stuff is all his/her job and if (s)he's got the right experience then maybe my concerns are unfounded. Regards Oliver

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