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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 59.47-1.6%Nov 19 3:59 PM EST
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To: tero kuittinen who wrote (7005)8/30/1999 1:24:00 PM
From: DaveMG  Read Replies (1) of 29987
 
I'm not ignoring the features of the handsets I just don't think they're so grotesque as to present a problem. We are not discussing terrestrial mode cellular phones. My guess is that anyone who buys a G* phone who does not live/work in some totally out of the way place will also be the proud owner of a GSM/CDMA/TDMA/AMPS phone which they'll use on their preferred local network whenever possible. 3000$ was obviously TOO MUCH. Hopefully G* providers won't go off the deep end on this one.

If you really believe that this business can flourish with only fixed and car handsets, then there is a case for Globalstar

Having travelled extensively in what we patronizingly dub the 3rd world and spent lots of time in the American West I can assure there is a need for fixed and car handsets that will work essentially anywhere. The question I feel very uncertain about, which I've already voiced here is how much use these handsets will see?. Maurice is certainly right on this issue. If the price/min is not cheap people will only use these phones when they have to, which certainly won't be good for G* and is the reason I think I'd rather look at this game from Q's perspective than Loral.

I already agreed with you that globe trotting roamers are by in large already lost unless prices are CHEAP CHEAP.

Dave
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