Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 59.47

-1.6%

Nov 19 3:59 PM EST

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To: JGoren who wrote (6195)	7/28/1999 11:25:00 PM
From: Steven Rachbach	Read Replies (2) of 29987

<<Mgt. will monitor minutes used rather than number of subscribers and report quarterly.>> per report of conference with Bear-Stearns on Monday. This seems to be the best way to do it. The number of subs is meaningless unless you know how much airtime the average sub uses. Much better to have one windbag in Brazil than 3 Americans using their phone only on their yearly 5 day sail off the California coast. To G*, each minute is 47 cents period -- they collect no monthly fee.

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