Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Joe Brown who wrote (3164)	2/26/1999 10:19:00 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 29987

No Jack, $1000 is too cheap for Globalstar handsets if they price the minutes cheaply as they should do until the system fills. The constraint will be handset production rate, so the price of those will be high initially. Since there are billions of minutes lying around unused, they will be cheap initially. So people would pay $2000 to get the free minutes. At $1000 and free minutes, they'll sell millions to high volume callers. That's the way Globalstar should do it. Whether they will is another matter. Iridium at $3000 AND $3 per minute gave sticker shock! Globalstar at $1000 and 10c per minute will have people drooling. Maurice