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


To: John Stichnoth who wrote (4109)4/23/1999 4:08:00 PM
From: Maurice Winn  Read Replies (1) | Respond to of 29987
 
No worries John, they could run a second hand market for phones. If subscribers don't like the minute price, they could sell their phone. Or they could rent it on a monthly basis and ditch it if the price went too high for them.

It's the same as tomatoes; sure people whine when tomatoes go up to $6 per kilo. Bad luck for them.

Prices needn't and wouldn't change suddenly anyway - there wouldn't be a need for a sudden change at six months or 1 million subscribers.

In the free world, people are increasingly getting used to the idea that prices are a variable function of demand and supply. Anyway, the service provider would tell them that when demand rises, the price will rise. Same as buying a car with a big engine. You know gasoline prices can double. Bad luck! You have to make a judgement.

Anyway a bit of uproar is fine! We want lots of uproar - the share price will go up if there is lots of uproar IF prices roar up to $1, which I doubt they will.

You ought to hear the screaming in the bush! [Not that I ever have, but I bet it's noisy and ugly].

Maurice