Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 54.41

+7.1%

Oct 31 9:30 AM EDT

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To: pcstel who wrote (29899)	10/26/2023 1:27:56 AM
From: Maurice Winn	Read Replies (1) of 29986

Good old Wacky Wireless .... a total winner for a company that has heard of supply/demand, market clearing, profit maximisation, competitive position to keep out competitors by undercutting them before they even start. Unfortunately, Elon is a believer in arpu = charging a monthly fee even if no data is used. That's no way to sell billions of devices or fill the system. That's like the dopey Globalstar SPOT pricing which was buy the device, then pay $100 a year whether you use it or not. I would like to have bought one but didn't want to pay $100 a year to use it maybe not at all. Mqurice

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