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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 61.03-1.2%Dec 31 3:59 PM EST
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To: H. Bradley Toland, Jr. who wrote (15605)8/11/2000 7:12:20 PM
From: hiker90  Read Replies (1) of 29987
 
bt,

I was thinking primarily of the Chinese entrepreneurs and businessmen, concentrated in the coastal states, who are helping China develop its peculiar form of capitalism when I referred to the relative levels of wealth. The same people who can afford cellular service now. After decades of communist government provided telephony and small expense budgets relative to US corporate expense budgets, I believe Chinese corporate managers and executives will not automatically rule out ACeS super-cellular service due to its inferior technology (GSM + 1 GEO satellite). Hence, G*'s monopoly in a market deemed very important by G* is an illusion since ACeS comes on line next year with much cheaper service. This same argument applies to India where unlike ACeS, G* presence is non-existant even with its "monopoly".

Apple and Sony tried the "our technology kicks ass and were not lowering prices to compete against inferior technology" marketing strategy. I don't believe that strategy will work for G* in China.

I just read Investartist's response. G* will beat ACeS hands down if it really does charge more than G* in China.

Best regards and Jeff is right, it's time for a beer.
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