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 57.65

+6.5%

Feb 6 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Goodboy who wrote (3077)	2/23/1999 6:08:00 PM
From: Drew Williams	Read Replies (2) of 29987

Last night I listened to the replay of the ING Barings conference call. It was surprising to me in several ways, not the least of which was how confident Bernie Schwartz sounded. The one statistic that I kept repeating to myself all day today was the moderator's cost per minute comparison Iridium vs Globalstar. He said that if Iridium were to sell every minute their network is capable of, they could sell it for $1.40 wholesale. Making the same assumption for Globalstar, the number was $0.14. One tenth the cost. Bernie said words to the effect of, "Well, our analysis is a little different, but you're not far wrong. We think we could do it in the high single digits." One of my marketing texts wrote, "The low end defines the market." In other words, it is real hard to sell a significant number of anything for 10x something else with similar functionality.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next