Globalstar Telecommunications Limited GSAT Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 59.15

-5.9%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Maurice Winn who wrote (5951)	7/22/1999 6:13:00 PM
From: Rocket Scientist	Read Replies (1) of 29987

I have a problem with this statement: <Iridium was stuck with an expensive system. Globalstar has a cheap one. That's the difference.> It's true that G's cost per minute is cheaper, IF you fully load both systems at "consensus" capacity estimates of 10B cm/y vs 1.5B, and/or believe G system life is 1.5X Irid's (consistent with company filings). But, the fixed operating costs for debt service and O&M for the two systems ought to be very similar, as far as I can tell. They both borrowed about the same amount of money and Mot's O&M contract is either an outrageous rip-off of IRID, or we're underestimating G*s oprtg costs (because the GW's cover some of the burden?)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next