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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 63.18-1.8%Nov 13 3:59 PM EST

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To: SKIP PAUL who wrote (6160)7/27/1999 2:06:00 PM
From: Rocket Scientist  Read Replies (2) of 29987
 
"Mgmt has said they reach cash breakeven with 0.55M subs, EPS breakeven,
after depreciation, at 1M subs. Capacity is about 7M subs. "

Source is May 99 investors brief:

loral.com

"Each million subs over the first million is probably worth about 2-3$/share,
pre tax. "

Profit per 1M subs after breakeven is personal estimate as follows:

1M subs * 140 mou/month * 12 * 0.4 $/mou / 250M (equiv) shares = $ 2.70/share
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