Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 59.59

-5.2%

9:56 AM EST

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To: djane who wrote (6041)	7/25/1999 11:52:00 AM
From: Valueman	Read Replies (5) of 29987

7/30 32 9/30 27 1/31 17 It appears that we won't really have any sort of rollout by 9/30 since the handsets will be few and far between. If I look out at what will be happening 1/31, we will still not have the quarterly results from the fourth quarter reported at that time if history is any guide. So, lack of news and worry about subscriber minutes may keep the price down. If the company is forthcoming with results, my numbers will be destroyed. If the service providers keep up along the path they have chosen so far, my numbers are optimistic. By January, the service providers ought to be getting the clue that their pricing is ignorant. They can then set off to fix it. At that time, G* will have to dip into that $500 million shelf to keep afloat. That should be a bottom as reality sets in. I throw these numbers out somewhat with tongue-in-cheek, but the optimism here needed a bit of dampening. There are significant hurdles to be overcome. I hope I come in absolute dead last.

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