Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 73.01

-0.9%

Dec 12 9:30 AM EST

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To: djane who wrote (7137)	9/2/1999 2:34:00 AM
From: djane	Read Replies (1) of 29987

G* $250/share in 2002 (via G* yahoo thread) Top>Business & Finance>Investments>Sectors>Services>Communications Services>GSTRF (Globalstar Telecommun.) I can't speak for DRPORSCHEIII, but by: RcktScntst3 11339 of 11369 mgmt's guidance (subject to usual caveats about forward looking statements, etc) has been for G* to earn over 8$ per share in 2002--see SI post 6371 on Loral thread, for example. CSFirst Boston has estimated over 5$ in '02 and nearly 9$ in '03--see SI post 5567 on Loral thread. If it makes that kind of EPS and EPS growth, a price of 250 would be appropriate, IMO. To make 8$/share EPS requires about 65% capacity utilization, as best I can figure it. Posted: 9/1/1999 4:00 pm EDT as a reply to: Msg 11337 by grubnub

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