Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 60.86

+1.6%

Nov 25 3:59 PM EST

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To: Oliver Schonrock who wrote (3180)	2/27/1999 2:33:00 AM
From: David Wiggins	Read Replies (2) of 29987

Oliver, I respectfully say I couldn't disagree with you more regarding market. The biggest market will be to fill in coverage gaps for major wireless service providers like ATI/VOD in developed countries like US/Canada/Japan/UK/Australia. Here's why: 1. The demand exists - wireless coverage is full of gaps, and providers need nationwide coverage to compete. They will subsidize handsets because they can make money on minutes even selling them relatively cheap, and because they want to retain customers and decrease 'churn'. 2. Consumers in developed nations can pay more (and will do so for the convenience of coverage everywhere) Hence they will decrease the supply of minutes available to poorer users who cannot pay as much. Wireless penetration in developed nations is very high right now (20+%) compared to single digits in less developed nations. So, in addition to being able to better afford wireless service, the same percentage of wireless users adding satellite service in developed nations will yield well over twice as many customers. Regards, Dave

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