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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 55.33-2.4%10:16 AM EST

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To: Curbstone who wrote (10868)3/21/2000 9:33:00 AM
From: Dan B.  Read Replies (1) of 29987
 
Mike, RE:

"Yes, an expensive phone system. Americans balk at $2.00 per minute, others, less fortunate, will do more than balk. They just won't buy it."

I don't know. 30 years ago we Americans paid that much for long distance easily...we just used it sparingly. Without cheap local service from G*, there are severe limitations to the real 3rd world communications value of this service, I'd think. But I think they'll use it some...and I agree...the stock price today may well appear as free soon enough.

Dan B
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