Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 61.03

+0.3%

3:59 PM EST

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To: David Wiggins who wrote (3183)	2/27/1999 1:08:00 PM
From: Drew Williams	Read Replies (1) of 29987

Dave, I pretty much agree with you that in the short run (and maybe the long run, too) Globalstar will make more money in the developed areas of the world. First, in short, to echo the old bank robber, "Because that's where the money is." We can afford it. Many third world countries, even with demonstrated need, have precious little money to pay for this service at any price. Second, there is demonstrated demand for mobile wireless services in developed areas. A mobile satphone instantly fills in all the holes in the Swiss cheese coverage, so everyone who drives around on business can reach out or be reached all the time. If I were running one of the telco's, and the world is probably far better off that I am not, I would be trying to find ways to get as many Globalstar phones into the hands of as many people as possible as quickly as possible. What I would like to see is an end user handset price below $200.00 with G* premium minutes going for about $.50. This would build a very strong user base quickly. As King Gillette once said, "Give away the razor and sell the blades."

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