Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 64.34

+7.4%

Nov 12 3:59 PM EST

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To: Badshah J.Wazir who wrote (17561)	10/2/2000 11:03:27 PM
From: Maurice Winn	Read Replies (1) of 29987

Badshah, Globalstar's business was NOT based on the USA buying many phones. I think USA sales were to be only 120,000 or so. The big markets were supposed to be Russia, China, India, Brazil and places like that with most of the minutes via Schlumberger and other fixed phones. But I agree with you, Globalstar is expensive and people in the USA have got big heaps of money. Hordes of them can afford Globalstar and it's a question of whether they can be bothered getting one and lugging it around. With Wingcast and IFN on-line, I expect demand for Globalstar services in cars, RVs, trucks, Mississippi paddle steamers and planes will grow [over years, not months]. Mqurice PS: That Agora link, [see my previous post], is not worth visiting [no Globalstar and little else]. I suspect you could buy an AK47 complete with Russian soldier for a few bucks.

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