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

To: Drew Williams who wrote (4419)	5/2/1999 7:14:00 PM
From: A.J. Mullen	Read Replies (1) \| Respond to of 29987

Drew, your conception of the use of glabalsatr is exactly what I saw as Gstar's big sell. I posted that wayback when I also drew attention to the fact that Gstar wasn't truly Global. I said then that I thought plugging gaps in cell systems would be their main strength, and this was before Iridium's woes. Since then I have been told that those gaps are rapidly being filled. That has also been my experience, but not yours. I use my cell phone very little, so my personal evidence counts for little. You're prepared to pay the cost of the phone, and presumably the additional subscription. Are you also prepared to accept the extra bulk and weight? I doubt that sat phones will decline in size as fast as mobiles, they probably already incorporate a lot of advances that were made in cell phones. If you and others are, then this bodes well for GStar. Gstar IR told me, though, that they expect far more demand from countries where cellular towers are less extensive. Unless Gstar minutes are really cheap, more towers will be built, eroding that market.