Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 59.91

+4.0%

3:59 PM EST

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To: Geoff Goodfellow who wrote (4021)	4/21/1999 12:32:00 PM
From: Andmoreagain	Read Replies (3) of 29987

I still think the thread is missing the point here. You may argue that Globalstar is cheaper, uses CDMA and bent-pipe architecture, but the point I think is being missed is this: The market for satellite-based telephony is not at all large enough to justify the expense of building a system to provide such service. Globalstar's own IR contact once told me that it would not be wise for Globalstar holders to wish for Iridium to stumble, which I took to mean that it would indicate a lack of market acceptance of such services. I ask again for anyone here to go beyond the science of the satellite business, and to address the real reason this board exists - to make money. Who are the users, how much time will they spend in satellite mode, and what is the demographic proof of the answers to these questions?

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