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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 60.01+0.4%Jan 9 9:30 AM EST

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To: MarkR37 who wrote (17109)9/20/2000 9:33:40 PM
From: BobRealEstate  Read Replies (3) of 29987
 
Those sub numbers will be wrong, very wrong, if the anecdotal evidence is correct. There are distributors out there selling phones now at a much more rapid pace (CME Marine, e.g.) or who are now aware of the product and are selling it. This has to add up. I guess 35000 subs (start of exponential growth +22000 from last q) with 7MM MOUs for the Q.

THE REAL QUESTION, I am starting to fear, IS MORE ONE OF LAG TIME WITH REGARD TO THE ACTUAL DATA. I didn't get my first statement from Stratos until two full months after I had service. My credit card wasn't tapped until THREE months after I started service. I am wondering now if there is a lag between MOU generation and reporting from SP to G* that understates the current amount of MOUs and subs and growth rate. Does anyone know the answer to this question?
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