Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT -- Ignore unavailable to you. Want to Upgrade?

To: Valueman who wrote (5429)	6/29/1999 12:46:00 AM
From: Rocket Scientist	Respond to of 29987

Hi Valueman, don't you ever sleep? So, whoever pays, what's not quite clear is how much. There was a horror story, I think in the WSJ, a few months ago about a call made to an Iridium phone. It took the caller immense amounts of trouble with his local LD provider to get a price, and in the end it was immense--I can't recall the figure but, something over 10$/minute, I think. As to "global roamers," I know the company has discounted them and heard the point made that the vast majority of cell phone calls presently made are local. I suppose in setting priorities, it may make sense to ignore them, at least outside of N.America and Europe. My problem with this strategy is (1) IRID's impending reorg/bankruptcy creates a window of opportunity to capture that market and (2) the world's financial markets are driven by people who are or think like "global roamers" and assume everybody else in the world is dirt poor. Investors like Mr. Duray (no offense intended,) who is "having the hardest time trying to figure out who the market is for this system." Have a good evening/morrow. RS