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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 59.91+4.0%3:59 PM EST

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To: Red Heeler who wrote (26145)10/30/2006 7:22:39 PM
From: Maurice Winn  Read Replies (1) of 29987
 
Only 10% surprises me. I thought it would be more than that. <with an estimated 10.2% share of global subscribers in the mobile satellite services industry in 2005. >

With 210,000 subscribers [about] that means there must be over 2 million satellite phone users world-wide.

That's getting to be a serious number of subscribers.

With better prices [meaning a LOT cheaper] and better phones, a LOT more people would buy the service.

Mqurice
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