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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 61.74-4.4%1:08 PM EST

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To: TMann who wrote (14179)7/5/2000 9:05:53 AM
From: Ed Hodder  Read Replies (1) of 29987
 
Anyone have a clue how the discounted prepaid minutes G* had commitments for will be booked? If the $19m previously announced as firm were actually purchased in Q2 that could easily add 50 - 60 million billable MOU's. I know it's essentially smoke and mirrors (although it shows yet another 'vote of confidence' from service providers) but is anyone figuring these into their estimates somehow? If they are booked as MOU's will G* distinguish between prepaids and actual usage?

Ed

Additionally, to date, five Globalstar partners have agreed to participate in the previously announced program to pre-purchase discounted minutes of use, amounting to $19 million in pre-committed revenue.

biz.yahoo.com
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