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


To: Souze who wrote (16324)8/29/2000 10:53:46 AM
From: Jim Parkinson  Read Replies (2) | Respond to of 29987
 
"But the price of the car kit is still $999! That price needs to come down substantially to effectively encourage the generation of lots of MOUs"

According to both IR and G*USA, the price of the car kit is not affecting sales in Canada or Australia. They have also said that a smaller more mobile antenae is in the works. I assume that means a cheaper kit is in the works too. The impression I get is that G*USA feels that those who really need the car kit and will use lots of mou's are not discouraged by the current price. Are they right? I guess if we see subs approaching 50k by early 4th qtr then maybe they are right.

I am going to start my calling campaign againt this week to various distributors some of which I have already spoken to and test the progress from thier perspective.