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


To: verdad who wrote (25800)1/25/2005 4:12:10 PM
From: Maurice Winn  Respond to of 29987
 
They are information posts and opinion posts and the purpose is to explain to you, being one of the few still around, that you are wrong and to correct your erroneous views.

I'm also hopeful that Globalstar will one day get it right and be the great success it still can be, albeit not for the original shareholders.

There have been improvements, but they are still goofing around with high-priced niche markets rather than markets of millions. The minute price has to come wayyyyyyy down. A cent here and there isn't good enough. It has to be a bargain. Stack it high and sell it cheap.

The cost of production of a minute of Globalstar airtime is something like US2c a minute, for the next constellation, so there is a lot of room to cut prices.

Mqurice