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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 61.03+0.3%Nov 26 3:59 PM EST

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To: Maurice Winn who wrote (6348)8/5/1999 10:13:00 PM
From: brian h  Read Replies (2) of 29987
 
Maurice,

By the way, is that 65 cents per minute retail price being bandied around a 'for real' figure or has somebody got their facts wrong? Maybe that is for fixed phone service somewhere?

I do not have a straight answer. However, I do feel G* phone will not be held by average dudes in China. It will be all government employees, semi-gov. employees, military personnel type who do not even think $0.7 is any meaningful to them. China Telecom will eat the G*s cost and charge internal agency rate to these people. At least on G* mobil phones. Fixed phones will offer remote villages some relief of no phone services at all.

Brian H.
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