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

To: Maurice Winn who wrote (4077)	4/23/1999 12:08:00 AM
From: Andmoreagain	Read Replies (1) \| Respond to of 29987

Maurice: You keep saying how Globalstar can make a bunch of money for shareholders at prices as low as, say, 15 cents per minute. Pray tell...exactly what would the EPS figure be in, say 2002, if the cost of a Globalstar call were 15 cents? By the way, you can stop making fun of my name. There's a Scottish malt called Laphroaig; how is Andmoreagian any less worthy of respect?

To: Maurice Winn who wrote (4077)	4/23/1999 9:57:00 AM
From: DaveMG	Respond to of 29987

Mq.. I think that it will gradually dawn on everyone that the minutes need to be cheap [retail 50c or equal to the terrestrial pricing] to get the systems busy in a short time and maximize our return on investment. I think you're right that they should concentrate on loading the system at whatever price per minute it takes. Makes a lot of sense. What I can't understand though is how Bernie & Co. will get all of their local partners to go along with the scheme. I would bet that they'll just use the price cuts to keep a larger piece of the pie..DMG