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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 56.80+0.2%Nov 21 9:30 AM EST

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To: mts362 who wrote (12953)5/19/2000 1:04:00 PM
From: MarkR37  Read Replies (2) of 29987
 
<<Wrong. We are still too early to slash prices. What if it turns out that demand is just huge (say a year from now), and we already slashed prices to 10 cents. Well it would be nearly impossible to jack those prices up again. this is the prudent course.
But I'm sure the execs at G* know a lot more about telecom pricing than any of us.>>

WRONG!! If you slash prices and fill the system you make more minutes by adding a few gateways and launching the next constellation! You also have millions of happy customers who will become dependent on the system. If the company continues down it's current path, it will walk the bankruptcy tightrope and make less money in the long run.

You make a grave mistake by assuming that management knows more about marketing than some of us. These people make sats. If they were so good we would have a lot more than 4,000 customers after 6 months of service.
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