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

To: Geoff who wrote (446)	3/3/1998 1:30:00 PM
From: Sawtooth	Read Replies (1) \| Respond to of 29986

Jubak at Microsoft Investor discusses Iridium et al., as well as limited partnership approach to these projects: investor.msn.com;

To: Geoff who wrote (446)	3/3/1998 9:57:00 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 29986

Hello Geoff. I'm surprised you waited so long to buy. Thanks for the Readware comments. He sure gives some excellent commentary. But it seems he wouldn't have a clue about pricing and probably doesn't understand the near/far problem, cell shrinkage, "no service available" signals, rationing of service, maximisation of profitability, competitive position, maximum customer benefits and the like. He simply gave a dismissive comment, which means he doesn't know, can't explain, doesn't want to or doesn't understand. It certainly didn't involve any reasoning other than, "Ve haf our buziness plan vich vill be executed - along viz ze critics". There seems to be great excitement with Dwyer referring to obscene profits [which I have also done]. At the moment, the marketing strategy seems to be "Look how much money we are going to make from the huge demand. Yippee! We don't even have to think about customer satisfaction." Which is of course the ideal for monopolists and authoritarian states around the world. Profits come from transient monopolies. Effective companies achieve a very long transient monopoly. Some, such as Apple, enjoy a very short half life. I'll watch with interest for a little longer. Best wishes for your investment. Maurice PS: Jeffrey, earnings? They don't have any. It's all spending. Other than interest at the bank or returns from good stock market investment.