Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 51.13

+9.0%

3:59 PM EST

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To: Geoff Goodfellow who wrote (7941)	10/23/1999 10:43:00 PM
From: Jon Koplik	Read Replies (2) of 29986

Geoff - Yes, you are articulate. But allow me to give my thoughts as to why you are wrong ... I will use myself as an example. I never had a cell phone (and never even thought about having one) until about a year and a half ago, when ... I decided to get one solely because I was starting to accumulate a meaningful position in Qualcomm stock, and wanted to be forced to experience the realities of using a cell phone, dealing with customer service at a wireless carrier, etc. As time passed, my wife and I started doing exactly what all those clever people at Qualcomm (and Sprint PCS and ...) figured we would -- we started using the cell phone a lot more than we ever imagined. We eventually upgraded mine to a Thin Phone. We also got my wife a separate phone number and another Thin Phone. We also both got text messaging (AND -- we pay for the plan that allows 500 messages per month (each)). Also -- we started to notice places where there is NO COVERAGE. Since I earn my living trading commodity futures for my own account, the prospect of paying the occasional $1.50 a minute does not seem like a big deal (and, I bet the $1.50 will remain constant or decline over time). We will get a Globalstar phone ! Another important detail -- I never once in my life heard about the existence of satellite telephones for people like me until I heard about Iridium and Globalstar. Your comments about : X number of people signed up for Inmarsat, etc. are not relevant to predicting G* subscribers. How many "mere mortals" had an advertising insert for a satellite phone stuffed with their monthly phone bill ? I would predict you will be absolutely stunned at the excellent subscriber numbers and growth rate for Globalstar. We shall see ... Jon.

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