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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 62.25+6.2%Dec 19 9:30 AM EST
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To: Maurice Winn who wrote (4742)5/19/1999 9:49:00 PM
From: Timothy R. Tierney  Read Replies (1) of 29987
 
Maurice...answer something for me. IF G* is a distributor to the telcos and they lower their price per minute from 50 cents to, lets say, 30 cents, what is to prevent the telcos from scooping up the difference by not lowering their price to the consumer? Isn't it the telcos that control price and not globalstar? G* has to have a somewhat attractive price in order to encourage the telcos to promote it. But ultimately its the telcos that raise or lower rates.
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