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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 66.72+7.0%Dec 22 3:59 PM EST
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To: Maurice Winn who wrote (4809)5/21/1999 1:50:00 AM
From: brian h  Read Replies (1) of 29987
 
Maurice,

To sell 12bn minutes will take serious Feral Marketing. AirTouch goofing around, pretending they can sell heaps of minutes at $1.50 while ordering a couple of dozen handsets is not credible.

As a shareholder, I'm not comfortable putting my trust in AirTouch which is not acting in accordance with their statements. Iridium put their trust in some airy-fairy idea that they'd be able to sell it all to the rich, stupid, business traveller. Well, the business traveller stayed home, wasn't rich, or wasn't stupid, or didn't want a brick-sized handset with short talk-times which don't work in buildings.

Good points. However it is like asking Qualcomm to make 100 millions Thin phones in anticipation of good reception from customers. It is a risky practice to try. I do want to see G* and QCOM as a going concern for the next 10 years. Good to be conservative (Right? Tim A.) in the initial service time. There are too many variables to consider. Confidence will be built over time if everything go right. Q phone is a good example to bear in mind. ATI and other providers are doing their DD. Let us shareholders watch closely.

Best,

Brian H.

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