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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 67.32+5.1%Jan 6 3:59 PM EST
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To: Doug Meetmer who wrote (6163)7/27/1999 2:33:00 PM
From: E Haiken   of 29987
 
If you apply a 35 multiple to the projected earnings of 8.44 per
share in 2002, you get a price per share of 295. When you discount
that by 92%, you arrive at the current price. What am I missing?
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