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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 64.34+7.4%Nov 12 3:59 PM EST
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To: biffpincus who wrote (10097)2/16/2000 8:48:00 AM
From: ccryder  Read Replies (1) of 29987
 
There is another force that is going to drive the G* business and that is the move by the rich to summer homes that are quite inaccessible. While at their mountain hideaway, they will still want "cell phone" service. Many of these plots are of the 5 acre and up sizes and the resulting lack of customer density will make cell buildout unrewarding. Since the same cell service providers are offering G* service, the market is there. And the phone will work next to a window on their private plane.
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