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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 58.60

-6.8%

1:00 PM EST

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To: Gregg Powers who wrote (16018)	8/21/2000 6:23:20 PM
From: pcstel	Read Replies (1) of 29987

Gregg.. A couple of quick responses to your posts.. The first being to the Mexican Govts "universal access service".. As I am sure you are aware.. There are many nations. (i.e. Brasil) that have "universal access mandates". These "Blue Laws" have been on the books for many a year, and the political parties in many of these countries seem to prefer using public funds for purposes which behove the privileged, rather than enrich the masses.. Sure the ideals of "universal access services" make great election day "fodder", but the reality of providing "basic subsidized communications", will generally fall below the need of basic health care, potable drinking water, and reliable waste treatment facilities.. Even here in the US where "universal access laws" are enforced.. There are remote mountain towns that do not have telephone service, and since telephone service is not available.. "Universal Access" is not enforceable.. BTW.. I did not see a press release about the Mexican Govt. Contract.. The Mexican Contract I have seen is the 4,000 phones for the Gas Stations.. And even that announcement seemed more like an agreement than a contract.. i.e. There was no dollar figures provided in the announcement.. The cruise ship argument has been discussed many, many times.. And basically boils down to the following IMO.. Cruise Ships are not stationary vehicles.. Cruise Ships typically Criss-Cross the Globe.. I have personally been on several "Re-location" cruises where ships move from one part of the world to another.. Like Orient Cruise Lines. orientlines.com . Their ships go from the Caribbean to Antarctica to India, to the Red Sea, to Africa.. Their current telecommunications provider can provide access from almost anywhere they sail.. Until Globalstar can match the coverage area that Inmarsat currently provides.. Cruise ships will have little incentive to change out telecommunications carriers.. IMO.. Best Regards, PCSTEL

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