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

To: Jeff Vayda who wrote (4104)	4/23/1999 2:46:00 PM
From: John Stichnoth	Read Replies (1) \| Respond to of 29987

ALL--I'm a bit confused (nothing new there) on how the money flows will work. Understand that marketing and selling will be done by the local cellcos. On what basis do revenues flow on to G? Are there restrictions on how they can structure their charges? What I'm thinking of in particular is that they might offer availability for a fixed amount (or for "free")--so they can show it as a feature--but keep the per minute charges so high as to be prohibitive, restricting money flows to G. If there are not restrictions on the pricing structure, then there could be conflicts. Certainly the price elasticity and cost structure differences between G* and the local cellulars leads to different optimal pricing plans. Anyone have any info?