Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 63.18

-1.8%

3:59 PM EST

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To: limtex who wrote (4328)	4/30/1999 11:03:00 AM
From: Jeff Vayda	Read Replies (1) of 29987

Limtex: your point is valid: Most of the people on this planet who don't have a phone can't afford 2c per minute never mind $2 pr minute. But most of the people are not able to buy a Jag convertible either. Jag manages to make a profit for Ford because there are enough people who want a Jag and can afford to buy one. We have to take the service providers at their word. (I do that by looking at were they put their money)They may be just throwing a couple of bucks around in order to cover all the bases, (seems like good business sense to me) or they just might have come to the conclusion that there is a market.(In-house market studies and a very in-depth knowledge of calling patterns of their customers) Bunches of very smart people made these companies what they are today. Could they be wrong? Sure, but the odds (and my money) are with those who have shown ability in the past. Hey it is Friday, have a beer and enjoy the weekend. :-) Jeff Vayda

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