I hold the stock and am positive on the story but my questions for the other posters would be:
- What will be the impact of the satellite phone subsidy ending this month? Its been going for 10 years and provides an 85% subsidy for the total cost of a sat phone up to $1000. Thats a big incentive to buy a satphone and has now been removed.
- How does GO! fare with the competition? There are competing products to GO! and in some ways they are a better option. Globalstar's network has made massive leaps and Iridium's is about to undergo an upgrade.
- The convertible notes are very dilutive. Any ideas here as to how they will sort these out? They note they are working on it.
Just some questions to spark some discussion. As I said I think WRR looks quite good and there are a number of very big positives here - GO!, iSatDock 2, SBD potential, Satphoneshop offering rentals and prepaid, opportunities from NEXT, further OEM deals, etc.
WRR Price at posting:
33.0¢ Sentiment: None Disclosure: Held
