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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 58.74-0.2%9:55 AM EST

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To: Maurice Winn who wrote (483)3/13/1998 10:21:00 PM
From: Dragonfly  Read Replies (1) of 29987
 
Iridium will have some fairly significant features going for it, including the $200 Million in marketing and advertising they are spending this year. Also, their pager system will have great reach, and pretty much guarantees that if the pager is on, you get the page. Also with Iridium, since they have a country code, you can bill the caller- in other words, every time you receive a call you're not paying this exorbinant amount, and people will think twice about calling you when its unnecessary.

I think Iridium will be a great success, and will have no trouble funding their second generation of birds. You have provided nothing to indicate that the first generation is the "end of the line".

This is not to rag on Globalstar- I'm in it as well as IRIDF-- but they really do address different markets, and you don't build up one by tearing down the other.
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