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: David Wiggins who wrote (9504)	1/13/2000 8:09:00 AM
From: Jeff Vayda	Respond to of 29987

All: The GM article has been posted and commented on. One item I would like to bring to the attention of the thread: Mark Hogan, head of GM's Internet unit, said today that GM and its eventual partner would split a monthly fee for the service. OnStar could generate $40 a month in revenue per vehicle, Hogan said, and GM eventually plans to install the hardware for the service on almost all of the 9 million vehicles it makes annually. If the revenue comes from a flat fee (unlimited use) looks like G's pricing/targets are pretty reasonable. Granted you dont get a live body on the other end to order you a tow truck or a pizza, but I figure quite a few people would do that themselves for $10. Heck for $10 bucks, I'll do it! Like to have unrelated business plans validate G price levels. Jeff Vayda