Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 66.03

+5.9%

2:47 PM EST

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To: Bong Lewis who wrote (1382)	6/23/1998 1:59:00 PM
From: Dragonfly	Read Replies (4) of 29987

GSTRF certainly is attractive at these levels. But, it seems like a bit of a crap shoot right now- over the next 5 months its going to go sharply up or sharply down depending on launch success. I read somewhere that the launch reliability of the Zenit has been %82 historically. If this hasn't been improved, then statistically one of the next 5 launches will be a failure. 3 of the next five launches are for Globalstar. That means that there's a %54 chance that one of the Globalstar launches will be a failure (an %18 chance for each of them.) If someone has a better way to calculate this, I'm all ears. Dragonfly

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