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

To: Jetter who wrote (17144)	9/21/2000 10:59:31 AM
From: Drew Williams	Read Replies (1) \| Respond to of 29987

One of the big problems with most peoples' view of Globalstar is that they are unable to focus beyond the urban areas of the United States. We take landline telephones for granted and have reasonably reliable and inexpensive cellular/PCS service. Half the world has never made a phone call. Geography, economics, and politics dictate that more than half of the world's landmass (and, of course, all of the oceans beyond the range of land-based wireless) will NEVER have the infrastructure providing the services we take for granted. Unless some new technology comes along, the only way to provide communications to the people living in or traveling through these areas is with some sort of satellite system. Yes, if you live in a big city and never go beyond the suburbs, you have no need for a Globalstar phone. If you do not live there, the odds are you have at least occasional uses for Globalstar or something like it. Whether you can afford it is another question entirely. So, I would argue that the typical American cellular/PCS consumer is not likely to be a significant consumer of Globalstar, because they are adequately served by the existing services. The same thing is likely true in Western Europe for the same reasons. But, there are an awful lot of people who live in other places that do not have what we have. At least some of them can afford Globalstar if the marketing machine ever gets rolling. Marketing is the really hard part of this, you know, and there will be both successes and failures. It is ignorant to think otherwise. How many different markets are there? Hundreds. Maybe thousands! (I'd bet Mqurice could sell one to every sheep ranch in New Zealand if the matriarchy would let him.)