Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 61.76

+3.0%

Dec 30 3:59 PM EST

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To: Souze who wrote (16324)	8/29/2000 10:53:46 AM
From: Jim Parkinson	Read Replies (2) of 29987

"But the price of the car kit is still $999! That price needs to come down substantially to effectively encourage the generation of lots of MOUs" According to both IR and GUSA, the price of the car kit is not affecting sales in Canada or Australia. They have also said that a smaller more mobile antenae is in the works. I assume that means a cheaper kit is in the works too. The impression I get is that GUSA feels that those who really need the car kit and will use lots of mou's are not discouraged by the current price. Are they right? I guess if we see subs approaching 50k by early 4th qtr then maybe they are right. I am going to start my calling campaign againt this week to various distributors some of which I have already spoken to and test the progress from thier perspective.

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