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


To: RobertSheldon who wrote (14448)7/17/2000 2:34:48 AM
From: Alan Norton  Read Replies (1) | Respond to of 29987
 
RE: New Freedom Pricing Plans

Robert,

This is great news for shareholders. I finally bought in last week - been watching it for a long time now.

This is the same strategy that DISH used in the early days to encourage subscribers and bring in up front revenue by offering a free or reduced cost receiver for a one year subscription to their service.

The new plans not only encourage new users to sign on, but it brings in needed revenue now, hopefully reducing the need for the floating of additional shares of stock in the near future to generate revenue. It may be one more nail in the bankruptcy theory as well.

The article may give a negative slant, but I see this as a very smart business move.