Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: rhkohnen who wrote (15653)	8/13/2000 5:02:09 AM
From: Maurice Winn	Read Replies (3) \| Respond to of 29987

<The majority of respondents, 77 percent, are willing to pay to send and receive e-mail if they know the associated costs ahead of time....During a two-hour flight, almost half of respondents (49%) would spend 30-60 minutes of their flight time using this service. Not surprisingly, this time nearly doubles among the majority of respondents (92%) with a flight more than two hours long.> Be very cynical about their market research. Market research like this tests verbal behaviour, not how many minutes real people will use while they are cramped up in an economy class seat with coffee, a meal, high prices for the service etc. If we tell them ahead of time that the price per minute or per megabyte is $10, we can see that the statement that people will buy the service if they know the costs ahead of time is not necessarily true. During a 2 hour flight, half the passengers would NOT spend 1 hour using the service. Half the passengers barely use the Web now and they aren't going to get more excited about it because it's in an aircraft and they'll be charged a fortune to use it. You can have a look around airport terminals now where people are dying of terminal boredom and half of the people waiting are NOT using the cybercafes, even though the connections are now fast and cheap, with big screens. My guess is that 1:10 would use a cheap service for 30 minutes if it is convenient enough and they are on a 6 hour flight. Email might be popular since the costs could be low [unless the airlines charge their usual extorquerationate fees - such as minimum 1 minute for $10 or so]. What you are missing is that the market researchers have asked some dumb questions, misinterpreted the answers, which are only imaginary answers anyway, then derived some wishful conclusions, which you then converted to Globalstar getting rich. These might be the same market researchers who led Globalstar to expect 1 millions subscribers by the end of Y2K from an 'addressable market' of 40 million. We know how good that market research was. Mqurice