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 48.47

-5.2%

3:34 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Maurice Winn who wrote (172)	12/18/1997 7:36:00 AM
From: Fledermaus	Read Replies (1) of 29986

It strikes me that investors still believe Globalstar is going to be up and running at the end of 98. Forget it! What would you do in Globalstar's place, if you knew you would be the second to market? There are two aproaches: a)If you are ahead of schedule, you give the impression you are late (or shut up) and b) if you know you will be late, you give the impression you will enter the market together with the competitor. This is what Globalstar is doing. Now they have changed their debut date to the second quarter of 99. Yet to anybody who is not biased it must be apparent that Globalstar will be in the market at least one year after Iridium. ON THE MARKET. Before getting the money to pay the second system, you have to return the investment to the shareholders. The price to the customer will depend on when you want/need your investment returned (I am talking about the owners of the system, not us the stock market investors). Your return of investment will depend on how much traffic you expect to have, which will depend on how many subscribers one has and how many minutes each sub talks. At least in Brazil, Globalstar's price has gone up from 0,30-0,40 per minute(1994) to 1,5 per minute (1997) and it will increase more, when they find out about all their real tail charges (which they must have by now). Iridium was talking 3,00 per minute (1994) and now is talking from US$ 2 to 5 (1997 - Staiano's I think) , depending on the type of call. I think Globalstar will also start talking of a range of prices in 1998. And it is not going to be below 1 dollar.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next