Globalstar Telecommunications Limited GSAT Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 63.25

-1.7%

10:36 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Geoff Goodfellow who wrote (4016)	4/21/1999 11:16:00 AM
From: JGoren	Read Replies (1) of 29987

I don't think it is being blinded by the technology but rather a belief that the G* business plan is much better than Iridium's. G* can offer its service at $.35 per minute, and at that price the demand will naturally be much higher than what Iridium will need to charge with its much higher cost structure. G* business strategy with its carrier partners should give it a significant marketing advantage. And, the fact that Iridium has gone first and made errors provides G* with the opportunity to avoid those errors. I also personally believe that since the potential customers are probably the most sophisticated end users, many are waiting for G* to come on line so they can compare the two services and make the best choice. Why take an expensive service when a lower-priced service will be operating soon?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next