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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 61.03+0.3%Nov 26 3:59 PM EST
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To: Drew Williams who wrote (3104)2/24/1999 9:18:00 AM
From: Sawtooth  Read Replies (3) of 29987
 
<<By the way, my previous post did not mean to imply there is "no" market for products at 10X their competition's price (as one e-mail misinterpreted.) If this were true, Mercedes and Rolls Royce would have been out of the car business a long time ago. Nor am I saying there is no market for Iridium's services even at these or higher prices, nor am I saying it is not possible for them to be profitable and successful. It just isn't as broad a market as Globalstar can enjoy at much lower prices, and they're going to have to work their marketing butts off. I wish Iridium well, but have not invested my money there.>>

Hi, Drew. Just a thought along the lines of comparing apples to apples (or Mercedes to Rolls Royce). Nobody would likely pay significantly more money for a nice Rolls Royce than they would for a nice Yugo if they were basically the same automobiles. They pay the big bucks for the Rolls because they are receiving hugely more perceived value. On the contrary, a G* minute has no more value than an I* minute, except in those cases where there is in fact a difference, such as an I* only location. Since the I*-only locations will be the exception, the vast majority of minutes are primarily price driven. Am I missing something significant in this simplistic view?



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