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

To: Maurice Winn who wrote (15613)8/11/2000 6:37:59 PM
From: Veiko Herne  Read Replies (1) | Respond to of 29987
 
Hi Maurice

Believe me as entrepreneur, everything that suppose to take one month, will take near one year. One year project can take 10 years. The question is, how profitable it can be then. Take a business plan that have margins 80% and You will get maximum 10% profit. But GSTRF is so low now with high short positions. It can't go lower.

Veiko



To: Maurice Winn who wrote (15613)8/11/2000 7:58:27 PM
From: literaryfx  Read Replies (2) | Respond to of 29987
 
Maurice, I disagree.

G*'s main problems are:

- high phone and accessory cost,
- slow roll out, and
- stealth marketing,

not its per minute pricing.

These three problems should be fixed first. Then, if demand does not kick in,
lower per minute prices. It's bad management to use lower minute prices first.

Ken


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