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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 62.25+6.2%Dec 19 9:30 AM EST

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To: Jeff Vayda who wrote (28563)4/18/2012 3:38:24 PM
From: Maurice Winn1 Recommendation  Read Replies (1) of 29987
 
PCSTEL thinks Globalstar is doing just fine, sticking it to customers with yet another damn monthly arpu plan.

People have had enough of the stupid telco "plans".

The share price suggests that the extra $40 a month, and buy a big phone, and pay a 'connection' fee and pay whatever other nasty charges are lurking in the fine print, is NOT turning on hordes of Apple acolytes or Android aficionados. Unsurprisingly, it looks like a fizzer. It's time for Globalstar to stop thinking about bertical people and start thinking about people. Maybe some lying in a hammock, without a vertical market bone in their body, who just want to make an occasional call. Who don't want another stupid monthly bill.

MediaFLO thought a monthly bill would be a good idea too. "Well, the electricity and water supply monopolies do it, so why not us? So do other telcos. So we should too."

Petrol stations don't have monthly "plans". Supermarkets don't sell "plans". Car dealers don't have monthly "plans" though some will arrange financing of the car.

I wonder how far they'll watch the company go down the gurgler before they figure it out and take action. The share price suggests they have NOT hit the jackpot with the arpu plan.

As you say, in India, in 1997, people were paying an arm and a leg to make a phone call from a public phone booth. Now, hordes of them have cellphones and cheap prices. That public phone booth opportunity is rapidly disappearing around the world.

Mqurice
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