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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 56.80+0.2%Nov 21 3:59 PM EST

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To: moat who wrote (9323)1/6/2000 12:46:00 PM
From: Veiko Herne  Read Replies (1) of 29987
 
Re: So why doesn't Iridium have more than 50,000 subs today (current pricing apprx same as Globalstar)?

When I decided to get SAT phone, I looked both (Iridium and G*). Iridium was available and G* expected at 4Q 1999. Prices was then same. Iridium problems was not reliable connections (There has been several negative comments using I* in citys and jungles. Even I new management announced, that this phone works best in arctic and top of Mount Everest).
Second I* problem was also a issues to continue the service. Do I take the risk and buy $1500 phone, when there is risk, that I can't use it.
Of course, if G* can't deliver me a phone and I* will be out of current state, I can change my decision.

Veiko
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