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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 50.53+4.7%Nov 7 9:30 AM EST

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To: lenpagon who wrote (17457)9/28/2000 10:45:14 AM
From: Jim Parkinson  Read Replies (2) of 29986
 
I am about 1/4 th into it on tape - Audio-Tech Business Book Summaries. Beats reading and you get he points plus each tape is accompanied by 10 - 12 page summary. The first part talks about the three rules of epidemics and makes the point that there is a tipping point for any new technology. Ex, Sharp introduced the fax maching in 1984 and sold about 80k and sales dribbled for the next three years then exploded to 1 mil in 1987. Cellular phones have followed a similar trajectory i.e. less than 100k subscribers in 1984. You could say the same thing for CDMA as Gregg Powers pointed out with the LA rollout I believe in 1996. The point seems to be that things start very slow and then reach a tipping point, the hockey stick. Could happen here imo.
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