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: Rocket Scientist who wrote (16312)	8/28/2000 8:46:24 PM
From: Rocket Scientist	Read Replies (1) \| Respond to of 29987

G* phones are now 599$ at buyphone.com when purchased with one of the "Freedom" 24 month plans. That's 100$ cheaper than earlier this month....

To: Rocket Scientist who wrote (16312)	8/28/2000 9:07:41 PM
From: Maurice Winn	Read Replies (3) \| Respond to of 29987

$500 phone, $500 a month, 500 minutes a month. Prices are trickling down, at last. I suppose, given that there has been over half a year for service providers to notice that there does seem to be just a wee bit of pricing sensitivity, we should take consolation from the small reductions in price. Prices are not collapsing. But, Gregg Powers said that the service providers were totally confident, all of them, that the market was there as initially estimated. If that's true, these incremental price cuts suggest that's not really the case. They wouldn't have to cut prices if the market was as initially expected. They need to sell the phone for $1 with the $500 a month, 500 minute a month, for the 1 year plan. That would give them $6000 a year. They are still too greedy to make it zing and create a handset shortage. I think it should be cheaper than that but they seem certain they can sell it at their high prices - if they fail, they should be shot at dawn since they've now had so long to do some serious market research with real people and real phones and real minute plans. Not focus groups and interviews with ticking of boxes. Real, hot-blooded, genuine sales market research where you get a salesman to try selling different plans and prices to determine response. They should now have many customers on different plans to see how price elasticity works. I bet they haven't. This business is too big to fiddle with prices a little then wait months to see what happens. They should be hunting down the optimum price levels quickly. Until there is a handset shortage, they have got their marketing wrong and their minutes too expensive! Waiting, waiting, waiting. Mqurice PS: Canary, we are not allowed to know the MOU because it is a cold war secret which would be dangerous in the hands of shareholders. As you will have read a few posts back, the conclusion, given the history of the company, is that No News Is Bad News. We are waiting for Globalstar [that's you Jeanette Clonan] to figure out that investors would be happier and the share price would contain less fear, if the MOU were published every day on a graph at globalstar.com Secrecy, ignorance, fear, uncertainty, doubt, despair and worry are NOT conducive to the value of a company being fully represented by the price of the shares. Information and enlightenment are the road to riches and happiness. So Jeanette, how about earning your salary and including the MOU hockey stick on the company Web site? Or, since you are the investor relations person, please explain just why shareholders and the public are not allowed to know how many minutes in total are going through the system. I suspect the graph page would be so popular, you could sell clicks to advertisers and make more money than is currently being made by selling minutes!