Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 63.25

-1.7%

10:36 AM EST

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To: Geoff Goodfellow who wrote (12775)	5/14/2000 10:08:00 AM
From: Rocket Scientist	Read Replies (2) of 29987

GG-I appreciate getting more competitive info on Inmarsat. Most of the I-sat dealers I've followed (GMPCS, O'Gara, Stratos) also now offer G* and their I-sat rates are higher than those you've linked to. But your rates, while less than the 3$/minute I claimed as typical a couple days ago are still substantially higher than G's To get the best I-sat rate shown (disregarding the unfoldable high gain antenna option, whatever that may be), of 2.10/minute, one has to pay a monthly fee, with no bundled minutes, of 150$ per month and agree to pay it for 12 months, driving the effective cost per minute toward 2.50/minute. I'm not sure what your point is: 1. If you're saying that G is risky because Inmarsat, offering a product only somewhat worse and somewhat more expensive only makes 400M$ in revenue per year after years in the business, I guess I'd agree. 2. If you're seriously claiming that Inmarsat is a better value for those who want wireless phone service in regions served by G* but not by terrestrial wireless, than I strongly disagree.

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