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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 58.86-1.0%11:42 AM EST

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To: tero kuittinen who wrote (7000)8/30/1999 12:30:00 PM
From: DaveMG  Read Replies (1) of 29987
 
Listen Tero..I have no idea whether there really is a large enough market for these sat services to be profitable or not but I really doubt very much that people who might be in the market for these phones are asking themselves " well gee, should I buy that G* phone or go with some terrestrial GSM/CDMA/TDMA" phone whether 10 grams or 500.They don't weigh 5 lbs do they? That kind of bulk would certainly be prohibitive.As a consequence I don't think there's that much benefit from comparing the stats with terrestrial.

Most of these phones will be used from autos or will be fixed, where weight and battery longevity will be irrelevant. That mountain climber carrying one in case of emergency doesn't need to leave it on standby.

It's true that when these systems were conceived the global roamer must have been considered a key mkt and that mkt is/has been taken over by terrestrial systems but there's no need to confuse the situation any more than it already is...

Dave

PS..In case your wondering I have no G*holdings other than through Q
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