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


To: idler who wrote (13535)6/14/2000 11:22:00 PM
From: Daskin  Read Replies (1) | Respond to of 29986
 
I think this is an old issue. For G* to survive the pricing is everything. People would choose G* instead of a regional cellphone only when G*'s price per minute is at the same level. Gilder reported that the cost per minute for G* is 6 cents, however it turns out the price per minute is much more than that. Correct me if I am wrong.

I am a very disappointed G* investor, however I don't have much left to lose. So I am holding. If this goes to zero, it is not a news anymore.