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


To: Sawtooth who wrote (10829)3/21/2000 7:51:00 AM
From: Dan B.  Read Replies (1) | Respond to of 29987
 
If memory serves me the Rural Electrification Program was authorized by Congress in 1928. Ever interesting to me is that revenues in the windmill industry in USA had been growing at(again, if memory serves me- might be greater clip) a 50%/yr clip in the recent years up until then. Of cuorse, that growth was squashed. Meanwhile, pollution since caused by the resulting Gov't subsidized power plants of all kinds is blamed on private industries. Court cases affirmed the rights of Gov't and "the many" vs. "the few" who lived downstream- the few who brought suit as streams suffered. I suspect private industry would have lost such suits...and would therefore have had to wait 'til they could do it right- might have been a long wait- but we'd have had great windmill tech. long before the gov't subsidized '70's research projects, I'd bet.

But I digress....Gstrf, by moving to lower phoneset prices(and presuming supply problems are indeed short term) follows the previously successful Cellphone model. When people realize that Sat. service isn't nearly so expensive and cumbersome as Iridium taught them to believe, I think many will say "hey, that's not so bad as I thought, gimme one."

Dan B