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 73.01

-0.9%

Dec 12 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Labrador who wrote (9361)	1/8/2000 5:06:00 PM
From: Michael Allard	Read Replies (1) of 29987

Labrador: He writes: "You make some valid points but the problem with GSTRF is that the biz model was developed over 10 yrs ago and is no longer economically feasible...The fact of the matter is that 95% of all wireless users (I am being very conservative) are in or near a major population center with no need EVER for satellite service." 95% of 400,000,000 = 380,000,000 That leaves 20,000,000 (the 5%) of which GSTRF is targeting 7,000,000 in 5 years. He is missing the point, not us. The "BIZ model" as he refers to assumes that 99.3% of all wireless users will not need Globalstar Service. Yet he sites his 95% figure as proof that the BIZ model no longer works? I hope his projection is more accurate than Globalstars! Good Luck to all!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next