Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 66.72

+7.0%

3:59 PM EST

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To: Tarken Winn who wrote (4453)	5/4/1999 2:16:00 PM
From: Jeff Vayda	Read Replies (1) of 29987

Maurice: Does Tarken know you are using his account? (gg) Fine complain all you want about I* methods. We have seen the error in their ways. One of I* biggest errors, you still cling to - the handsets are too expensive. You claim to have G* problems all wrapped up, but you continue to push for expensive handsets. You have stated you believe the best way to do this is to have an on-line auction. This would tend to push the price up even further. How many people would come back after the first hours of auction after they see somebody with more money than sense is paying 2000 for a phone? It would scare off many a potential customer. In order for people to get on the system and using the minutes (where the real profits are) you need to reduce the barriers. Auctions will not do that for you. It might be a nice additional segment of the phone distribution strategy, but it should not be the only outlet for the phones. There are many people out there who do not enjoy your level of leisure. They are too busy doing what they do to be so well informed about the phones and such. They just walk into the local service provider and sign up. The phone they get is from the in-house stock that the service provider has. Once the get a phone, if they like the service they will upgrade to the same manufacturer when it comes time to buy another. Just human nature, when time is devoted to other pursuits. Get them hooked. Show them how much they use the system. Let them sign up for some minutes at a known price. More people would do that, and not use the minutes (thus we make money) than would sign up for the scary concept of "Current Price Is..." (Remember now, we SI'ers are not the average consumer.) Sure have a "Current Price Is" option for us smart folks, but let the huddled masses continue the way they are comfortable with - the way the service providers have experience in - the subsidized handset, buckets of minutes for a fixed price. Jeff Vayda

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