To: Maurice Winn who wrote (27828 ) 5/23/2010 1:09:05 AM From: pcstel Read Replies (2) | Respond to of 29986 But they argued that they had a deal with Primeco that nobody could get a better deal than Primeco. It was something like 30c per minute [as I recall] and they wanted to charge me 50c a minute. Crazy stupid high pricing. If Primeco had MFN pricing.. Then what did ChinaSpaceCom have??? MFU..Most Favorite Universe pricing??? The concept that they could not get and few have been able to understand, and why I am not an owner of GSAT, is that there are things called: Stocks gone from 25¢ when I was begging you to buy it to $1.60. You've managed to stick to your criteria up to now.. by refusing to be invested... So it looks like your criteria is working out for you so far. Consumer surplus Price elasticity Supply and demand Auctions as the best way of determining value Time value of money Depreciation Word of mouth advertising Free publicity Those things define what the price of megabytes and devices should be at different times and in different places for different people. The underlying problem is that MBA people, and others, are imbued with the mindset of charging big heaps to maximize profits, and fear of "price destruction". It is very uncool to sell on price. Any sales training course goes Hell for leather to educate people that price is not the most important reason people buy. Well.. you have proven that to be correct. 25¢ a share... Not Maurice.. He's not interested in low priced equities. He's interested in High Priced Equities providing low price services. Ya' know... All this MBA stuff really kind of goes over my head. I am a simple math kind of person. Like the debt load and the cost of capital of the "Dearly Beloved". Lot's of people tried to explain why I was wrong on the short side, because I just didn't understand all the MBA rig-a-ma-row. See.. this is simple math I talk about.. From the 10-K Open Range has remitted to us its initial down payment of $2 million. Open Range’s annual payments in the first six years of the agreement will range from approximately $0.6 million to up to $10.3 million, assuming it elects to use all of the licensed spectrum covered by the agreement. So the Open Range deal is worth between .6 million and 10.3 million per year for using ~11Mhz of very rural spectrum covering 6.2 million POP's. So I can whip out my basic calculator (I don't have dozens laying around like you), and run those numbers with another 310 million POP's. On the low end of the 11¢ per Mhz POP range, over 310 million POP's provides an annual lease of 375 million. Population of the world is 6 Billion and change?? I like to keep things simple with that simple math... But, someday maybe I can take a course on Price Elasticity, Time Value of Money, etc.. Unfortunately, ideologues being as they are, once they are inculcated with their cult ideology, they are unable to think of a better way when reality comes calling. Other such cults are religious and more recently environmental. Rather than see the error of their ways, they prefer to go down with the ship or, as per Godwin's Law, in Adolf's case, die in the bunker taking all with them. If I remember.. You sold at 27¢ with the Dearly Beloved?? Damn the Icebergs.... Full Steam Ahead.... And so it goes, PCSTEL