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

To: Maurice Winn who wrote (3163)	2/26/1999 10:13:00 PM
From: Joe Brown	Read Replies (1) \| Respond to of 29987

MAURICE: Here's something to stew about - Globalstar phones, at $850-1100 (that's what Bernard said) are TOO EXPENSIVE. Iridium found out that $3000 was WAY TOO EXPENSIVE, and guess what? So's $1000. These phones have to get down below $500 to sell, and even then the consumer will not buy them. I say this only because I just saw a cell phone ad from AT&T or some company that was giving Nokia phones away. The consumer looks at these satphones and probably thinks we're nuts. Maybe they're right...

To: Maurice Winn who wrote (3163)	2/27/1999 1:10:00 AM
From: Oliver Schonrock	Read Replies (2) \| Respond to of 29987

Maurice The web auction is a neat, pure capitalist idea. A few flaws: 1. We have to convince BS. This could be difficult, but he might read this thread and come back to this idea when his original one doesn't work. 2. When you sell them on the web what happens to our partners margins that they are supposed to make? They might not like this and I think we all agree that one of G* strengths over I* and others is its intelligent and cooperative approach to distribution of its services through existing major SPs. I regard to my "Account Manager" approach, I never meant that G* or its SPs should spend extra effort to promote its handhelds and minutes to end users. That infrastructure exists at the SPs and they should know what's best. The Telco and especially the mobile market is damn competitive and if G* partners, who are all very senior, haven't figured out how to sell phones/minutes yet then they wouldn't be where they are today. My point was that in the new regions, such as the back of beyond in China, G* should go further than "Hi, Mr Chinese Telecom, we have a cool service, would you like to use us? You do? That's great, sign here please." They need people hammering out deals that state quantities for future purchase, prices and infrastructure requirements such as installation of fixed phones. This is a difficult task, especially if you ask anyone who has ever tried to do business with the Chinese Govt. It could take a year for them to start installing these fixed phones or selling these handsets (which some will want). Let's start NOW!!!! This is where the volume is!!! Let's not leave it to priority 3. But there is a problem with this too.... We have to convince BS!! Oliver