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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 62.88-0.5%3:59 PM EST

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To: limtex who wrote (6188)7/28/1999 1:08:00 PM
From: Rocket Scientist  Read Replies (2) of 29987
 
It's difficult to overstate the size of the mobile communications market. According to the web page below, cellular handsets were shipped in 1Q99 at an annualized rate of over 220M units!

cellular.co.za

We all know that G* serves a niche market and has a limited capacity, which, if filled, will generate a very attractive ROI.

Taking into account the large populations underserved by current and foreseen terrestrial cellular systems, I can't imagine G* won't be able to capture 0.5-1% of the sales volume above. And if it does so, shareholders will be very well rewarded, indeed.

BTW this web page is part of a very impressive S. African site with extensive coverage of African and international wireless developments.
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