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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 63.70+6.1%3:59 PM EST

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To: Rocket Scientist who wrote (11552)4/7/2000 2:09:00 AM
From: Maurice Winn  Read Replies (1) of 29987
 
<I think Maurice was talking about the phone, and, especially, airtime prices...not the stock price.> No, I was talking about the company and the stock price! See previous post. Sorry about the confusion.

Also, GMPCS operates under the direction of Vodafone/Airtouch. Vodafone has exclusive rights to marketing in the USA and sets the minute prices. Distributors have limited ranges to move. GMPCS can't set prices independently with Globalstar LP.

I suspect the limitation will quickly be handset availability since production has not been increased and there is no news of big orders.

Maurice
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