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

To: verdad who wrote (25787)	1/22/2005 12:45:49 AM
From: Maurice Winn	Respond to of 29987

Verdad, you are determinedly obdurate. The point is not that there are 2 more phones in service. The point is that even where terrestrial service would normally be available, people are finding Globalstar service is useful. Globalstar is far more competitive than it was in the absurdly high-priced days. It's still over-priced, but normal humans can now afford it. The main problem is that very few people know that the service is available and that it is not priced out of this world. Globalstar and Iridium stupidly taught people that satellite services are enormously expensive rather than the reverse. Iridium was always doomed to be a more expensive service than Globalstar, with lower quality voice, but it still could have been a lot cheaper than it was. Globalstar could have sold service for 10c a minute and made a profit. Having spent a fortune teaching potential users that the service is very expensive, it is quite a problem to change that perception. People don't even bother looking once they've figured out that it's absurdly expensive. If the service had started out cheap, it would have been easy to inform customers that the service was getting more expensive due to over-crowding as Globalstar could have just put the price up. Mqurice