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

To: go_globalstar who wrote (20356)	12/21/2000 5:45:56 AM
From: Maurice Winn	Read Replies (5) \| Respond to of 29987

15 hours at 9.6 kbps. Compare that with ADSL at 4 Mbps for no charge [up to 400 Mbyte per month] and reasonable prices after that. An hour of ADSL = 4 x 60 x 60 = 1,500 Mbytes x 8 = 12,000 Mbits for no cost. At the local cybercafe it would be a bit more than zero, but not a lot. Globalstar would take 1000 seconds to supply 10 Mbits. or 300 hours. That would cost NZ$84,000. Working for net pay of about $18 an hour after 39% tax, that's 4,600 hours. That's 2 years work for a 40 hour week. Without holidays. I don't think they are going to sell very much data. Even in wealthy USA, it isn't THAT wealthy. Watch this be a very big fizzer. I guess that Globalstar mathematical marketing guru [with the statistically small brain] didn't bother doing the maths. Two years working to pay for an ADSL equivalent hour will NOT get anyone excited about Globalstar. Especially since they will have to sit at the stupid computer/phone waiting for it to download the next 9.6 Kbits. Mqurice PS: I haven't checked my sums, so maybe they are wrong - I deny that implies a small brain.