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

To: Maurice Winn who wrote (3947)	4/17/1999 7:56:00 PM
From: Pierre	Respond to of 29987

I wouldn't be too concerned about blue water subscribers. Their numbers are few. Given GSTRF's model, the high use, high volume ocean areas will be covered quickly - and I'd define those as coastal, Caribbean, and Mediterranean, the places frequented by cruise ships and recreational sailors. Pierre

To: Maurice Winn who wrote (3947)	4/22/1999 2:39:00 AM
From: Dragonfly	Read Replies (1) \| Respond to of 29987

In 10 years, given the slow rollout planned, there will still be some ocean gaps, but they will be few. You're probably right. I'm still certain that every bluewater sailor will have an Iridium phone... cause they aren't gonna wait 10 years and even at the old price of $3,000 its worth having. Not for calling the kids to chat, but for arranging the shipment of a engine part to god knows where. If you'e not a sailor, its hard to understand the risks these people put them thru-- its a safety thing. Its a relatively small market, but the penetration will be high. As for other ocean users, Iridiums short term advantage could be extremely valuable if they marketed the service right. I haven't seen them do that yet... Dragonfly