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


To: Timothy R. Tierney who wrote (3725)4/4/1999 9:25:00 AM
From: David Wiggins  Respond to of 29987
 
Timothy, Don't believe Golbalstar's projections. Look at Vodafone's though. A prior post noted that Vodafone anticipated 7% of their customers would want Globalstar service as an add-on to their existing cell phone service. Now Vodafone IS the 'worldwide cellular coverage' company. Knowing the 'holes' in their own network very well, I would believe them when they say there will be a demand for satellite mobile services. Let's see 7% of 27 million = 1.89 million potential customers from this source alone - not counting everything else. Hope this makes you feel better.

Regards, Dave