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


To: 2brasil who wrote (313)1/31/1998 3:43:00 PM
From: I. Luttichuys  Read Replies (1) | Respond to of 29987
 
Thanks for that, Bruce.
Like I've been saying... world-wide average cost will be about a buck a minute. Many calls will be much, much cheaper. And, as I posted earlier, the phones will be about $750.
IRIDF can not compete on this level.
There will still be plenty of business for IRIDF, since they are more interested in the better-heeled urban business customer but still... no way they are going to undercut GSTRF... no way.
BENNETT



To: 2brasil who wrote (313)2/4/1998 2:02:00 AM
From: Maurice Winn  Read Replies (1) | Respond to of 29987
 
Bruce, yep, pricing looks cheap enough.

Quoting from the web page: "The expected price to end users will, at around $0.65 per minute (plus long-distance charges), be the cheapest of all."
cellular.co.za

That should precipitate massive demand. But is it correct? Not according to other things we read. Or maybe they get specially cheap pricing in Africa for some reason. The reason I originally gave = underused area = might as well make it cheap to fill the system. But I was also told by a Qualcomm person managing the Globalstar design, that there is no spare electricity to give away at discounted prices. But later claims in this stream were that there was no electricity shortage, just a circuit shortage. Where lies the truth?
Meanwhile, countdown continues. Not many days to go. I missed a few as the ocean, sun and family fun called.

Thanks to Mr Adrenaline, the people on the launch pad, Readware, Ccryer and the others who are so well informed and have helped us understand our investment while they actually stick the bubble gum and chicken wire together to get this thing into space.

Maurice