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

To: Drew Williams who wrote (3162)	2/27/1999 12:49:00 AM
From: Oliver Schonrock	Respond to of 29987

Granted Drew... I have to change to slightly larger handset to fill the holes that I might be unhappy with and I will only end up using the actual Sat-Com capability of my new phone on the relatively rare occasions when GSM (or PCS or whatever) doesn't work. (in this case of course price doesn't really matter as long as it is below say $1/min which it will be) This is fine and there are markets for this no doubt. My point once again is: How many people can be bothered (within a timeframe of three years or half the live of the constellation, from launch say..) to change to a phone because of the deadspots they are experiencing. My guess (and it is only that) is maybe 5-10%. And how many G* minutes will those people use? My guess 5-10% of what they use now. So if I am right and someone knows how many minutes of PCS and AMPS and whatever else is out (say US only to keep it simple) are being used now then we just multiply that by 0.05*0.05 and get an idea of the market right? Just theory, but I hope you can see that this doesn't compare with the potential in non-developed areas. I am not saying that there is no market in developed world handset minutes, I am just saying let's fill the first constellation really quickly with minutes from people who will appreciate it even more and then the cheaper minutes on costellation two will make the continued marketing effort in the developed world much easier. Priorites, priorities.... Oliver