Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 64.31

+7.3%

12:02 PM EST

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To: Rocket Scientist who wrote (24790)	3/5/2002 8:18:14 PM
From: crm114	Read Replies (1) of 29987

RS, your concern is justified! But.... ...I do question whether going after high ticket verticals is the right approach. It feels an awful like past and present practice. It seems to me that management and the SPs have proven the limitations of the metered minutes at high prices per minute model. I'm not going to say anything here that others wiser than I have not been saying for a long time, but I'd like to see the company aggressively pursue a marketing model that looks a lot more like Leap Wireless than it does Wireless Knowledge! I know there are capacity concerns and limits to handset inventory. The data that we need to assess feasibility remain nonpublic at present. Worst of all, I fear current management is not interested in anything but business as usual. (What could indicate that more clearly than $26.5 million in G&A?) But I can't help thinking that low-price, flat-rate GlobalCricket is the way to go, and I am eager to see some numbers. This is our company now! We're not just cracking Bermuda jokes and hoping to get our four cents back anymore! We've got some potential upside here! End of pep talk. CRM

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