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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 61.62-4.7%Jan 30 3:59 PM EST

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To: Kenneth B. Thiel who wrote (14004)6/28/2000 7:53:00 PM
From: Rocket Scientist  Read Replies (1) of 29987
 
Telstra's Australia CDMA network roll out according to this post:

Message 13952052

features an investment of about 350M US$ to cover 1M square KM, about 1/8 of the Australian continent. For less than 100M$ in ground infrastructure, Vod/G*Oz covers the entire continent. Telstra only needs to spend another 2.5B US$ to catch up; good luck.

(kind of makes a couple hundred million buck liquidity problem seem like small potatoes, doesn't it?)
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