Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 60.46

+2.2%

Nov 18 3:59 PM EST

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To: Maurice Winn who wrote (15680)	8/13/2000 9:07:54 PM
From: literaryfx	Read Replies (1) of 29987

>> Those problems should have been fixed first. But simultaneously, since they haven't been >> and time is running out, the minute price should be set at a market-clearing price which >> would stimulate demand and salesperson interest and learning and stir things up and make >> it happen faster. I feel the flaw in this approach is that the stock market would incorrectly perceive a second price cut, on the heels of the bundled Freedom Plan (which was a sharp move), as a clearance sale indicative of a terminal execution/demand problem, especially with the current negative mood towards the satellite communications industry. The shorts would have us longs for lunch. >> Yes, it's been bad management. I would rather say there have been mistakes and unforeseeable problems, but G* will be the first company to get it done right. >> Bad market research too. There are NOT 40 million people lined up waiting for the >> Globalstar phones at $2 a minute and $1500 a handset with a $40 a month charge plus >> a connection fee, plus a big bundle for a car kit... I agree 100%. Ken

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