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

To: kitterykid who wrote (5531)	7/4/1999 5:16:00 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 29987

kitterykid, nearly everyone is going to 'complain' about the handset price and minute price. That's why Globalstar only expects to get a few thousand customers in the first year - they KNOW that nearly everyone will get sticker shock. Most people would like to have one if it is cheap enough, just for a rainy day [not that it would work in rain, with or without an umbrella with plastic ribs]. Also, there won't be discounting in poor places [maybe there will be a bit for fixed phones]. Globalstar would rather not sell the minutes than cut the price on them. Which seems a weird strategy to me. They obviously haven't heard of 'supply and demand' which is a concept discussed in some economics teaching in post-doctoral studies for the high priesthood. What supply and demand means is that the amount of stuff one can sell is a function of the price. If there is a BIG supply, like air, or minutes, the price needs to be very low to get people to breathe or buy a high-priced minute. If they put the price of air up, people will cut their demand for oxygen [or get it from limestone, electrolysis of water or maybe gills]. If they put the price of minutes down, more people will buy them. Supply and demand will come into balance. [The air part is a weak joke, for those who can't tell when I'm kidding.] Market clearing is the process of achieving that balance. With the electronic and transport systems available these days, markets clear much faster than in the past. That's why some small children hold their breath - they want to get their value up and be given what they want. Maurice [In Los Angeles, the price of air went up when they required cars to have catalytic converters to clean up exhaust a bit. Oddly enough, in most cities they still allow diesel engines to spew their foul, carcinogenic 1-nitro pyrene, soot, asphaltenes and other unburned goop into the air]. PS: Maoris in New Zealand have put the kibosh on the 2GHz spectrum auctions here. They say they own half the spectrum because of tribal rights under the Treaty of Waitangi [which most of them didn't sign]. I expect they are preparing claims to half the air we breathe and we will need permission to sit in the sun soon. Any good advice on how to run apartheid effectively would be appreciated. They are going to need it. It's funny that NZ was in the forefront of opposing apartheid in South Africa and here we are, flat out trying to do it. Where is the USA and UN with their emphasis on human rights? Is apartheid okay now? It is now actual slavery. One race works, pays taxes, and the other collects the benefits of their work. It is racially determined. If you are genetically preferred, you get all sorts of benefits, from job preferences, special funding to fish and education. Meanwhile, Telecom NZ must be wondering about how to introduce cdmaOne [in existing 800MHz spectrum or wait a decade or two for Maoris to let them use a bit of 2GHz]. A Globalstar gateway here might have the same problems since there is no existing user of Globalstar spectrum.