Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 65.14

+6.4%

Dec 3 3:59 PM EST

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To: Joe Brown who wrote (3454)	3/17/1999 3:56:00 AM
From: Maurice Winn	Read Replies (4) of 29987

I mainly meant don't sell Iridium in panic. Which is not to say it is worth keeping. Just avoid a panicked response. They can cut their minute and handset prices quite a bit from what I've seen. That helps get business. It will slash expected profits but that's life. The Iridium problems will perhaps reinforce for Globalstar that the value of the minutes is now going to be determined by the subscribers, not the company. So get the handsets ready and start selling the minutes at whatever the market will bear. That means free or really cheap initially. But they'd better have the links, billing and all the bits and pieces working fine. The ultimate answer to all the complex price plans and confusion is a demand based option; "CURRENT PRICE IS ..." display right there on the handset screen at the time somebody wants to make a call to somewhere. Maybe Sprint can do a "Dime a minute anywhere in USA" and that's fine too. But price plans are absurdly complex for Iridium and cellphones in general. Wired charges are complicated too. The company that can tell the customer when they can maximize their value will win and get the most customers. Leaving customers in ignorance is really annoying to the customer. Mqurice PS: I know this is repetitive, but I'm sure most people don't 'get it' as Jon Koplik says.

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