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

To: Rocket Scientist who wrote (12943)	5/18/2000 9:43:00 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 29987

Rocket, thanks for those urls on coverage. Given the high roaming charges [49c in the 50 states and 99c out of 50 states], we can conclude that if Globalstar retails minutes at 50c or less, there will be huge sales as that will be cheaper than terrestrial. In NZ, we pay US60c a minute for pre-pay service. There will be huge demand-elasticity at 50c a minute, so that is very much a floor for retail pricing. Demand would be huge for handsets at $700 and minutes at 40c. There is still low demand from what we can gather, so the current price plans which are 'for a limited time' to July will need to be converted into permanent plans with specials offered on those. It must have been sickening being Iridium trying to lower prices with nowhere to lower them to [while still retaining a viable system]. G! has the room to move right down to 15c wholesale and 25c retail and STILL make more money than terrestrial networks. Smugly, Maurice. PS: It is simply incredible that people today sold G! at $10 a share. They will feel much more foolish than the Q! shareholders who sold Q! at $10 [split-adjusted] just over a year ago. The Globalstar CDMA monopoly in space is worth $100s of billions. It's being sold for $3bn today [$5bn including accumulating debts over the next year or two].