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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 59.91+4.0%Nov 11 3:59 PM EST

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To: Maurice Winn who wrote (4066)4/23/1999 3:41:00 PM
From: John Stichnoth  Read Replies (1) of 29987
 
Maurice--Good mornin'. You've mentioned a couple of times the desire to fill up the available space at very low prices. I agree with you that empty capacity is wasted capacity. I think however, you can't take this too far. Can you imagine the uproar that would arise if an SP sold a bunch of contracts--and a bunch of people had plunked down $1,000 per phone--at 25 cents per minute, and then after six months the SP suddenly raised the rate to $1.00 per minute? Yikes! You'd really hear some screaming.
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