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


To: djane who wrote (2774)2/4/1999 12:29:00 AM
From: Pierre  Read Replies (1) | Respond to of 29987
 
I asked this question before, but don't think it was answered. Maybe I have simply missed the point - but here goes again. It was my impression that GSTRF was off loading much of the risk of selling minutes to local carriers. It seems logical to me (not necessarily a reliable indicator, I will admit) that given the nature of GSTRF's terrestrial intensive approach, land based carriers would buy the minutes and resell them as part of their service (e.g. Sprint pcs and satellite). I seem to recall an article where this was discussed a long time ago - back when we were all trying to figure out just what the path of a GSTRF phone call would be. Certainly terrestrial carriers already have the marketing expertise, and would be well motivated since they will participate financially on the terrestrial component of every call I presume. Frankly, it was one of the reasons I liked GSTRF's business plan. Am I wrong in this assumption?

Pierre



To: djane who wrote (2774)2/4/1999 8:55:00 AM
From: Joe Brown  Read Replies (1) | Respond to of 29987
 
Thanks, djane, for posting this. You're right...we need ALL the relevant news. What's eerie here is that George Gilder a couple of years ago said "Iridium will fall from the sky like a stone" - and here I see the same phrase... Oh, my. If you see any good news on Iridium, please (!) post it...I could use it.

Oh...one minor point that might (I fervently hope) be germaine here; it has seemed to me that stock highs and stock lows always occur in the face of excessively good, or excessively bad, news, respectively. I sense a lot of bad press suddenly on Iridium, and can only wonder if short sellers are in the midst of one of their infamous "campaigns". The news in these articles is so diametrically opposed to what I'm being told...and the company runs a risk if they're propagating false information, I think...