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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 56.80+0.2%Nov 21 9:30 AM EST

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To: Maurice Winn who wrote (3143)2/26/1999 6:19:00 PM
From: Valueman  Read Replies (2) of 29987
 
A key point made by Bernard Schwartz was that Vodafone was planning to offer a deal whereby their best clients could exchange their phone for a G* phone for $50. Obviously these are the high use individuals. They said that this represents about 7% of their customers! That's 9.5 million customers worldwide at last count, and that does not include AirTouch.

This is a profound event that bears closer examination. It is the first example of a telephone company in action in regards to G*. Contrast that with Iridium. G* partners are service providers, and telephone companies. They know how to sell wireless services on a grand scale. G* will prosper if the service providers are successful. Their track records say that should be a slam dunk. Stay tuned!
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