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 60.47

-0.6%

12:36 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jim Parkinson who wrote (6926)	8/27/1999 12:41:00 PM
From: Jeff Vayda	Read Replies (3) of 29987

How is this going to play out with G's share price? Will the money that is wanting to be played in the sector all come to G as the last one standing? Will more money be pulled out as the faith in the market is reduced further? ICO filing for protection before the sats are even built - seems to be a real death for a constellation (and competitor) to me. I* should be able to get some type of reorg completed and sell some minutes at a significantly reduced price. I dont know if they can generate enough revenue to resupply the constellation to the tune of 6 sats a year. Result is I* will be gone within 5 years (max) and possibly even less. ICO looks like it is out of play altogether. Must be bullish for G* IF there is a market. Back to the same result, the market must be proven. Best way to do that is to drop the prices so all the marginal people come out and use the system. Just like all the other 'modern conveniences' before it, once people use the system, they will wonder how they got along with out it. Jeff Vayda

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next