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 50.53

+4.7%

Nov 7 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: tensforme who wrote (13511)	6/14/2000 8:23:00 PM
From: TMann	Read Replies (1) of 29986

No, the service providers are not hungry as evident by their stealth marketing and their commitment to the current course of high prices, unknowledgable retail outlets, slow sales and demise. If G* fails they write off $100-200M and say oh well, we tried, on to more important issues like 3G. I take no comfort in Thornleys remarks 'if G* fails our exposure is only 10 cents'. I'd feel better if he said our exposure will increase when we kick in an additional $200M. That would be a statement of commitment. Where's the money going to come from boys?? If we did a secondary offering today for $700M (likely needed to reach breakeven) we would need to sell 100M shares or 1/3 of outstanding GLP shares. Big dilution if you catch my train of thought. Those wheaties are tasting better all the time. Go Globaldog!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next