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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 59.36+17.5%10:37 AM EST

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To: Jay Lowe who wrote (8521)12/3/1999 1:03:00 AM
From: Lance Bredvold  Read Replies (1) of 29987
 
Jay; Batteries. Why are the batteries apparently $30+ to Q's supplier and $10 to the major European company. 60,000 does sound like about what Q should be ordering per quarter (20K per month) if these are all the batteries they are using. But since these are the first ones apparently ordered from Valence, where did the first few thousand batteries come from?

Finally, how good is your information that Q is the ultimate buyer and that these batteries would be for the G* phone? They couldn't be replacement or supplemental units, could they? L.
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