Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Ploni who wrote (18412)	8/31/1999 10:45:00 AM
From: Marconi	Read Replies (1) of 18691

Hello Mr. Stein: GSTRF Are they next? Was the punctuation off on that remark? Was it supposed to read , "They are next."? I read this morning that Globalstar needs 1 million subscribers to make their payments. They have a year on their story to do it, if I recall. At 30 recently I was tempted, but not at the current 25. Central question to me is does GSTRF have the money in hand now to see them through signup of sufficient customers the next year forward? My suspicion is that even if they do, they will not get the customers as required to service debt. Cell phones and the Internet have penetrated deeply compared to when these ambitious plans to rule near space communications with a ring of satellites was conceived. Their focus is less voice and more data, if I recall. There is existing infrastructure for data, although it may be relatively rigid to enter. GSTRF is now on my watch list. Best regards, m

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