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

To: Maurice Winn who wrote (14634)	7/20/2000 7:57:56 AM
From: Alan Norton	Read Replies (1) \| Respond to of 29987

Formula For A Slow Roll-Out Follow In The Footsteps Of A Failed Venture (potential customers wary with a wait and see attitude) Price The Service For High End Users (higher cost = fewer subs and usage) Sell Via The Indirect Channel (takes time to get set up) Don't Advertise The Service (I'm guessing percentage-wise that more investors know about Globalstar than potential users. Advertising is now by word of mouth and that takes time) Result - 13,000+ users, rather embarrassing I would say. I wanted to hear in the CC the positive (usage increasing) and the negative (recognition that there should be more than the 13,000+ subs to date). I wanted to hear that there was a plan going forward to improve marketing. I didn't hear it. Apparently, the current marketing plan will stay in place, at least for now. It may work, but it will be s l o w going at first, then ramping up. Hopefully, we are in the ramp-up phase now. Extreme patience required by shareholders for sure. It will be interesting to see how the new Freedom plans have an impact on subs in this quarter. I said a few days ago that the shorts were stuck with dead money if they were expecting imminent bankruptcy. The numbers today pretty much guarantee that there won't be any institutional investors buying in the near term. That leaves shareholders with dead money too. At least the sats are in place and I won't have to sweat those launches!

To: Maurice Winn who wrote (14634)	7/20/2000 10:54:08 AM
From: tero kuittinen	Respond to of 29987

I'm haunted by the past, Maurice. Every comment in the CC reminded me of the bygone era. Remember that warm, jubilant Christmas call, where 150 minutes was confidently forecast as the average monthly usage? Or was it 160 minutes? It sure as hell wasn't 20 minutes. I don't remember hearing about Canadian truckdrivers all that much in the good old days... that was the time of the Jungle Phone Booth Vision. Now - that was high concept. I have to say that turning the attention to future mobile data applications and future handset models is a shrewd move from the management. It's probably a good idea to start shifting the investor attention towards the year 2001. Or maybe 2002. Tero