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

To: Maurice Winn who wrote (24450)	11/15/2001 11:45:52 PM
From: Maurice Winn	Read Replies (2) \| Respond to of 29987

More evidence of the high-priced minute problem. From page 10, <For example, the media roundly criticized the Washington, D.C. government for failing to use their satellite phones. The District government had purchased ten satellite phones to enable key city officials to remain in contact in an emergency situation. However, the phones were never distributed to the District officials and thus were not immediately available on September 11....> The people who should have been criticized were the suppliers of the over-priced Globalstar service which meant the ten sacred Globalstar phones were held in storage ready to be trundled out, rather than being in constant service and therefore always instantly ready. If the Globalstar service was reasonably priced, those phones would have been available when needed. Globalstar then made a drama about supplying some phones after the attack. Globalstar could have been a lot more helpful and actually generated some revenue by charging a lower minute price initially, which would have meant perhaps 100 phones would have been sold instead of 10 and they would have been used. No donations would have been necessary, which cost Globalstar some money. So not only did Globalstar not make money in the 18 months leading up to the emergency, the officials didn't have their phones ready, the officials had few of them anyway and then, when the emergency did occur, Globalstar gave away the goods. I'm all for criticizing governments, but let's put the blame where it mostly belongs. The blame should lie on the media for blaming the wrong people, and Globalstar for badly managing the marketing which left those in the emergency to suffer without service. They go on <...the benefits provided to the American public by the availability of these phones to emergency and law enforcement personnel are absolutely invaluable. > NO! They are not "invaluable". If they were invaluable, all the emergency people would have them. They don't and that's because they are too expensive. They are useless if they are too expensive for emergency people and officials to always have in their hot little hands AND using them on as required so they know how they work and what can be done with them. Mqurice.