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


To: John Stichnoth who wrote (4452)5/4/1999 1:51:00 PM
From: Jeff Vayda  Read Replies (1) | Respond to of 29987
 
John: Qualcomm and Telital did not need phone contracts to get them into G*. (Qualcomm was a founding member, and Telital is a fairly big concern in telecom. IMO it was an interest in increasing market share that got them in) The last member (Eric) bought out the previous owner of the contract. As number three phone maker, this little contract would not sway Eric.

What I am getting at, and again it is no real big deal, is that the parties involved would not have been 'enticed' by the phone contract. So while it might have played on main street that G* already had orders for 300K phones, in reality the contract did nothing as far as system validation is concerned. It would have been something else had Nokia been tripping over themselves to be able to produce phones.

Use is the key and to have minutes used you need to get handsets in as many hands as possible. I would prefer to give the handsets away. Sure they will sit idle in many hands, but there are a bunch of users out there who will not know how much they need it until after they use it. Marketing will not reach those users.

Jeff Vayda