Booms, Busts, and Recoveries 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.

Strategies & Market Trends : Booms, Busts, and Recoveries

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ilaine who wrote (7688)	8/24/2001 9:50:40 PM
From: Maurice Winn	Read Replies (1) of 74559

CB, 15 billion minutes x 50c per minute = $7 billion per year revenue. The capital cost of Globalstar was $5 billion [including all the gateways]. Operating costs are low compared with those figures. You can't understand that they would make money at that price? I don't think you want to understand so, I'm not going to bother explaining the rest to you. How big is the market for high quality [there is a qualitative difference between Globalstar and all others], convenient, zero latency satphone service at 20c or 50c a minute? It hasn't been tested so you don't know. You made a superficial analysis and missed the key point [that they didn't change their strategy]. Suit yourself, Mqurice

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next