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

To: pcstel who wrote (27665)	3/9/2010 7:42:42 PM
From: Maurice Winn	1 Recommendation Read Replies (1) \| Respond to of 29986

GSAT has done a much better job than GLP in cutting costs but has not done a better job in marketing. GSAT had a few years during which time they could have ramped up marketing, but that opportunity was lost, and perhaps just as well as it wouldn't have been too good to be selling lots of handsets to make voice calls only to have the satellites conk out. SPOT is some consolation but there isn't much of that being sold either. That's not surprising given the price. If "aggressive" is like the SPOT pricing then voice calls are going to be expensive. Meanwhile, 2010 is rolling past and one of these days they should be polishing up some satellites ready to load onto a rocket. Spending a load of money [even at low interest rates] will put a ding in profits [or exacerbate losses]. Not that they are getting much interest income at present. What matters is the minute/megabyte pricing for voice calls. That's the biggie. Data is nice too but any number of satellites can deliver data with latency via geostationary to the hinterlands. farmside.co.nz for example in NZ delivers remote data. OmniTRACs does remote data. Mqurice