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


To: Jeff Vayda who wrote (10865)3/16/2000 4:13:00 PM
From: Pierre  Read Replies (2) | Respond to of 29987
 
With all due respect, I think you guys are missing an important point. Government subsidies may be necessary to set up infrastructure if this were traditional telephony, or even cell telephony. Copper, cable, cell towers - even roads and water lines require large capital expenditures. For those, only the government in most cases has the resources.

Its different with G* The infrastructure is in place, at no cost to the individual, the village, or the central government. If you buy a phone, you have a complete phone system.

Oh well, I've made my point as best I can - don't mean to keep harping. It's just that the significance of this fundamental difference has only gradually become apparent to me. As they say in the Dodge commercials - "this changes everything" - and in this case it does.

Pierre