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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 59.88+5.4%Nov 24 3:59 PM EST

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To: Maurice Winn who wrote (3143)2/26/1999 7:56:00 PM
From: Oliver Schonrock  Read Replies (3) of 29987
 
Post continued............

These are all important even for those yuppies with ski-huts on mountains with no terrestial mobile or landline coverage. When it's 20 degrees below and snowing 50cm every hour how many people want to go outside to make a phone call?????

Anyway my second point for today is that I mostly agree with Maurice that it is imperative that G* fills their constellation ASAP before the inevitable competitors arrive (putting up satellites isn't that hard anymore). However I believe a more profitable and quicker way is to start putting some really sharp "Account Managers" into the field in China and start signing deals!!! My business is in distribution (although not Telco) and the only way things get sold in volume is if you get some top people doing deals! The format of those can be something along the lines of: if you sell a minutes and b stations (so many fixed and so many mobile) for us in the next c months you will receive the minutes at d c/min and the phones at $e each. These deals can be done now!!! This will ensure immediate usage of the system when it becomes operational and will stop the guessing game of how many subscribers G* potentially has. All this ""market research"" during which they ask people if it wouldn't be really cool to have a phone to their mates from the ski-hut is b...s..t! Start to try signing people and you will very quickly find out how your package sells... if the news is bad, you either pack up and go home or start employing some real clever marketing guys to start moving that demand curve or find new markets.

If I am right and the real market is fixed stations (because people don't like doing business on the front lawn in the rain), then the deals need to be signed even earlier, (ie yesterday) because not only do the Chinese SPs have to sell to the end user they have to organise hundreds of "cable-guys" to install the tens-of-thousands of fixed stations that haven't been manufactured yet.

Have I missed s.th. ???

Go Globalstar!!!!!!!!

Oliver Schonrock
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