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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 48.09-5.9%12:25 PM EST

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To: Anthony@Pacific who wrote (12659)5/12/2000 10:06:00 AM
From: Land Shark  Read Replies (2) of 29986
 
G* vs. Cell Phones.
Remember Beta Vs. VHS. VHS, although inferior to Beta, took off and Beta never captured that market. People became comfortable with VHS and it prevailed. Beta market share just shrank and shrank. G* will never get any market share, because cell phones are going to prevail, plain and simple. Who'd want to carry a bulky unit and pay those rediculous fees?

Cell phone coverage is more than adequate for all but a very small segment of the population. Those living in remote areas don't necessarily want cell phones and often can't afford them. Can you imagine the Eskimos in the Arctic or the Aboriginals in Australia living in the Outback carrying these phones? I don't think either the peasants in Mexico need them either. Absurd. So, where's the market?

Anyone notice this POS is down on a strong market day? This is what we call a Deluxe Short. Thanks for the tip-off Anthony.
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