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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 48.26-5.6%Nov 6 3:59 PM EST
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To: FJB who wrote (12265)5/6/2000 6:27:00 PM
From: Solomon  Read Replies (1) of 29986
 
Robert,

Where will the money come from. It isn't coming from Loral, that much is certain. The only realistic answer is subscribers. It goes back to them having to increase the number of subscribers by 500,000. The only way I can see that happening is if they lower their rates. The only problem is that vendors have cut them off until they pay their existing bills. I would like to say that G* has a good product, but the probability of their success is small.
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