SI
SI
discoversearch

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 59.15-5.9%Nov 17 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Maurice Winn who wrote (12946)5/19/2000 7:53:00 PM
From: TMann  Read Replies (1) of 29987
 
Maurice: what are you smoking??

<PS: It is simply incredible that people today sold G! at $10 a share. They will feel much more foolish than the Q! shareholders who sold Q! at $10 [split-adjusted] just over a year ago. The Globalstar CDMA monopoly in space is worth $100s of billions. It's being sold for $3bn today [$5bn including accumulating debts over the next year or two].>

G* worth 100s of billions and can't generate any meaningful revenues? I predict Bernie will need another $750M to get to breakeven which won't happen till 2003. Their shortfall this year will be $160M, next year will be $360M, '02 will be $220M and $0 in '03. This is based on no meaningful rev. this year, having yearly avg. of 200k subscribers in '01, 400k avg. subs in '02, and 750k avg. subs in 03. This represents a fairly reasonable sub growth rate and 160 MOU per month per sub. So to be worth 100s of billion one must have an extremely long time horizon. Where's the $750M shortfall coming from??
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext