Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 62.25

+6.2%

Dec 19 9:30 AM EST

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To: thomas_l who wrote (7828)	10/13/1999 7:46:00 AM
From: Serendipity	Read Replies (3) of 29987

This is getting really interesting. I have had a cellular phone for many years now. I have carried it with me when traveling on both business and pleasure. I have never felt the need to have a satellite phone except in places where there was cellular coverage but there was no roaming agreement in place. In rural areas, this is an emergency use phone at best. This does not add up to many minutes of use. Do not use the American example of affordability as a benchmark. Globalstar has repeatedly said that over 1/2 the world's pop has never used a phone. I bet you that most of this is in the third world where people cannot afford a satellite phone. Even small cities have cell phones. Not just big cities. If Globalstar cost 3 cents a minute, I'd say there is a market. At the current price, the market size is not big enough for Globalstar to survive more than 12 months.

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