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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 73.05-0.9%Dec 12 3:59 PM EST

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To: djane who wrote (3303)3/8/1999 3:08:00 PM
From: djane   of 29987
 
**The following analysis keeps running through my brain. If G* gets 225,000 users in China (which I believe is a very conservative estimate), it covers break-even costs for the entire G* system (from the recent ING CC). The rest of the world is all profit!! Any sales from VOD/ATI (largest cell provider in the world) -- all incremental profit! Canada, Mexico, South/Latin America -- all incremental profit. Then add the wild cards of Brazil, Russia and India -- again, more profit. When G* gets the birds in the air, this stock is going soar.

from the SDUnion article
Globalstar estimates that in the next three years it will have 200,000 customers in China, representing about 8 percent of its worldwide clientele. The company hopes to make $250 million a year in China.
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