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

To: Pierre who wrote (24400)	11/9/2001 2:39:41 PM
From: Maurice Winn	Read Replies (2) \| Respond to of 29986

Good point Pierre. Brazil is a good place for Vesper and Globalstar to combine services. Brazil has got a lot of demand for phones at a cheap price and that's what Globalstar can do there. Nextwave Telecom could build out anything that's needed. They've got the money and the know-how. Leap/Nextwave/QUALCOMM are in a good position to do a lot of things if something in the CDMA world needs sorting out. Brazil primarily needs cheap. Cheap seems to be an idea that the Globalstar/Loral/Service Providers seem unable to understand. Consumer surplus is what drives big sales. In common language, consumer surplus means a bargain. That means potential customers don't get sticker shock when taking a look at the service and they boast to their friends about the great deal they have got. Until people get a bit excited about Globalstar and bidding on ebay gets heated, we are not going anywhere except to the poorhouse. Vesper should be good to take over the Globalstar service and make it happen. Maybe Q! has already got that in mind. They know that Globalstar and Vesper both need sorting out and they have decided to rescue Vesper and Irwin is demonstrating how good Globalstar is to people who will NOT be impressed if he's demonstrating a loser. That would be a very bad move for his public image if Globalstar isn't made into a business success, in the restructured form I hasten to add, NOT for existing shareholders who I continue to believe are going to lose their investment. Actually Pierre, I have advocated Globalstar not 'filling in the gaps' so much as competing directly with rather than complementing terrestrial mobile phones. I say undercut the terrestrial prices so people use Globalstar as a cheaper option than terrestrial mobile phones. Sure, the phone's big and clunky, but they could save calling costs by using Globalstar. That's the line I'm pushing. I don't like the complementary stuff. I like brutal competition. Whack the price down below terrestrial and Globalstar becomes the cheapest option with complete coverage. The disadvantage is a big handset with poor battery life, doesn't work inside [unless in terrestrial mode, which Vesper could offer - I'm not sure what frequency they have and whether that is compatible with existing Globalstar phones] and it costs a lot of money for the handset. Therefore, the perfect Globalstar buyer is somebody who wants LOTS of cheap minutes [which is NOT $1 a minute or 30c a minute] in areas where terrestrial coverage isn't all that good and who can cope with a clunky phone and recharging it every day [or a couple of times a day if they leave it switched on all day]. Brazil has a lot of people like that. They have gateways with not much to do and a company [Vesper] which could provide the service. Mqurice