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


To: Maurice Winn who wrote (9024)12/31/1999 8:39:00 AM
From: David Wiggins  Respond to of 29987
 
HAPPY NEW YEAR, MAURICE AND ALL OUR FRIENDS FROM DOWN UNDER

I hope you were able to receive this message <gggg>

Regards, Dave



To: Maurice Winn who wrote (9024)12/31/1999 10:18:00 AM
From: MileHigh  Read Replies (2) | Respond to of 29987
 
Maurice,

Just read GG again. He thinks G could be bigger than land based wireless. Now that's putting your ba!@ on the line! <gg>

Lots of other great info in the letter. What's up today?

Glad all went well down under!

MileHigh



To: Maurice Winn who wrote (9024)12/31/1999 11:07:00 AM
From: JMD  Read Replies (2) | Respond to of 29987
 
Good Morning (Evening?) Maurice--happy to hear that the world is spinning at your end of the top, but sorry to hear that the fireworks were a bit drizzled upon. You'd think Ma Nature would have a bit more sympathy with our important celebrations!
Speaking of which, I've never publicly confessed it but the truth is I agree completely with your pricing philosophy: to have those birds up there and not have them maxed out with low price minutes everywhere is nuts, plain and simple.
George Gilder has been pretty hot on this for some time: to maximize revenues, you lower prices! This only works in certain industries of course, specifically those with a fancy kind of price elasticity of demand which is a phrase economists use when they don't want anybody to understand that what they're talking about could be expressed in very simple terms. Anyway it works like a bandit with minutes of use in the old telecom trade (anybody tried to get through to Sprint after they rolled out $.10/minute anytime anywhere?) and it would be absolutely splendid for Globalstar.
Plus there's the minor matter of getting folks to adopt a new fangled thing--not everybody's like Jon and Jim who fit the classic early adoptor model like a glove--so you gotta get the camel's nose under the tent (which is not a very fancy economist's phrase, but makes the point rather well nevertheless). So anyway I hope Vodaphone and all those guys are reading this thread: sell the handsets for $99.99 and price the MOUs at $.25. A year from now you can figure out where the sweet spot is but in the mean time, you'll have bazillions of customers who can't live without their satellite phones. C'mon guys--just ain't that tough + I won't even charge for consulting advice though you could throw in a sat phone if you were feeling in the Holiday Spirit. Surfer Mike