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


To: Valueman who wrote (12133)5/4/2000 2:12:00 PM
From: tero kuittinen  Read Replies (4) | Respond to of 29986
 
There was a big launch party for Globalstar last month here in Finland. It was the talk of the town... mainly because it featured Uriah Heep and nobody realized they were still alive.

On the third of this month, Globalstar service became available for Finnish subscribers of Radiolinja, a local GSM operator.

Here's the weird part; if you go to the website of Radiolinja and try to find info on Globalstar, you aren't finding a big endorsement:

radiolinja.fi

Finland is one of the markets that is now counted as "active". But there doesn't seem to be any advertizing or marketing push. "International services" refers to GSM roaming.

So it's like a ghost product. There was the Uriah Heep party (to which I was not invited and remain bitter about). There were the press releases. But you can't find the product on the Radiolinja shops or website. You can't find any ads, you can't find anybody who has awareness of the service.

Which raises the question: how many "active" Globalstar markets are like Finland? If Finland wasn't a meaningful market in the first place - why do the launch? For the US investors, Finland is an "active" Globalstar market. For the Finns, it is a symbol of a lavish party featuring people with bad haircuts.

What is real and what is but an illusion? This has to be the most existential company in the telecom biz.

Tero